◂ Announcements

Feb 28, 2017ACQUISITIONUnited States

Volkswagen Truck & Bus acquires 16.6% stake in Navistar for $256 million

Volkswagen Truck & Bus GmbH acquired a 16.6% stake in Navistar International Corporation for $256 million, forming a strategic alliance with a purchasing joint venture.

Value

$256.0M

Status

Completed

Productscommercial vehiclestrucks

CompaniesVolkswagen Truck & Bus GmbH acquirer Navistar International Corporation target

Sectors#Automotive Components

“The authorities have given our strategic alliance with Navistar the green light.”volkswagen-group.com

1 source
volkswagen-group.comGreen light for strategic alliance between Volkswagen Truck & Bus and Navistar | Volkswagen GroupFeb 28, 2017

Summarized from public sources; check the original articles before acting on it.

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