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NAV Navistar International Corp

44.50
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Navistar International Corp NYSE:NAV NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 44.50 0 01:00:00

Volkswagen Truck Unit Traton Offers to Buy Navistar at $35 a Share

30/01/2020 10:43pm

Dow Jones News


Navistar (NYSE:NAV)
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From May 2019 to May 2024

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By Josh Beckerman

 

Traton SE (8TRA.BE), which has a 16.8% stake in Navistar International Corp. (NAV), has offered to buy the whole company for $35 a share.

Navistar shares surged 52% after hours to $36.50.

Volkswagen AG's truck unit Traton held an initial public offering last year. Volkswagen said it has signaled "its general intention to provide funds" for an offer.

Navistar said it "will carefully review and evaluate the proposal."

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

January 30, 2020 17:28 ET (22:28 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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