The truck unit of Volkswagen has offered to fully take over Navistar International in an all-cash transaction valued at roughly $2.9 billion. "Volkswagen Unit Makes Unsolicited Bid for Navistar, at 6:38 p.m. and 6:56 p.m. ET, incorrectly stated the value of the deal in the first paragraph. The third graf should also include the sentence: "This would put Navistar's total valuation at $3.5 billion." (Jan. 30, 2020)

(END) Dow Jones Newswires

January 30, 2020 22:20 ET (03:20 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Volkswagen (TG:VOW3)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Volkswagen Charts.
Volkswagen (TG:VOW3)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Volkswagen Charts.