Volkswagen Truck & Bus acquires 16.6% of Navistar  [ USA ] [ Germany ]

On September 6, Volkswagen Truck & Bus and Navistar International Corporation announced that they have formed an alliance for strategic technology and supply cooperation and a procurement joint venture.Volkswagen Truck & Bus will acquire a 16.6% equity stake in Navistar through a share issuance priced at USD 15.76 per share and an aggregate purchase price of approximately USD 256 millio...
<Sep 07, 2016>