Article about Volkswagen

Published 12 months ago

Cars Volkswagen Published by J. Doe

TRATON and Navistar agreement in principle

This agreement in principle remains subject to finalization of due diligence to the satisfaction of TRATON, agreeing on the conclusion of a merger agreement and related transaction documents and the approval of the transaction by the executive bodies and committees of TRATON and Volkswagen AKTIENGESELLSCHAFT as well as the Board of Directors and the Shareholder Meeting of Navistar.

There is no assurance that the parties will reach agreement on definitive transaction documentation, or as to the terms thereof or that any transaction, if such agreement is reached, will ultimately be consummated.

Original article

Oct 21, 2020 at 11:10