VW's Traton Plans to Grow Without Acquisitions -Handelsblatt
July 17 2019 - 6:16AM
Dow Jones News
--Volkswagen's truck maker Traton plans to grow without the help
of acquisitions and has distanced itself from a potential takeover
of Navistar, German daily Handelsblatt reports.
--Traton Chief Executive Andreas Renschler said the company is
happy with its partnership with Navistar "as it is," and plans to
strengthen its position with cooperation, according to the
newspaper.
--Traton took a minority stake in Navistar two years ago,
sparking speculation about potential takeover plans.
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
July 17, 2019 06:01 ET (10:01 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Navistar (NYSE:NAV)
Historical Stock Chart
From Aug 2024 to Sep 2024
Navistar (NYSE:NAV)
Historical Stock Chart
From Sep 2023 to Sep 2024