By Josh Beckerman

Navistar International Corp. (NAV) shares were recently up 50% to $36.05 after hours as the company received a buyout proposal from Traton SE worth $35 a share.

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 17:18 ET (22:18 GMT)

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