Equipment Navistar counters Traton’s ‘final’ offer October 16, 2020 LISLE, Ill. – Navistar International’s Board of Directors has responded to Traton’s final buyout offer of US$43 per share, saying it will accept US$44.50. Navistar says the $44.50 price has…
Equipment Traton sets deadline for Navistar to accept buyout offer October 14, 2020 LISLE, Ill. – Navistar International has until noon Eastern Friday to accept a US$43 per share offer from Volkswagen’s Traton for all outstanding shares. Traton first offered $35 per share…
Equipment Traton, TuSimple announce partnership on autonomous trucks September 23, 2020 MUNICH, Germany — The Traton Group and TuSimple have announced a global partnership to develop self-driving trucks. As part of the deal, the truck and bus division of Volkswagen AG…
Transportation Navistar rejects latest Traton offer, but opens door to talks September 14, 2020 LISLE, Ill., Sept. — Navistar International has rejected a revised takeover bid from Traton SE, saying on Monday that its US$43 per share proposal significantly undervalues the company. The truck…
Transportation Traton sweetens bid for Navistar September 10, 2020 MUNICH, Germany — Traton SE, the truck and bus division of Volkswagen AG, has increased its offer for Navistar International shares to US$43 per share in cash. Traton said Thursday…
Transportation Traton shakes up management July 8, 2020 MUNICH, Germany – The truck and bus division of Volkswagen AG, which made an offer to buy Navistar International in January, has announced a major management shakeup. Traton SE…
