German truck maker Traton offers to buy remaining Navistar stake for $2.9 billion
Share:
(Reuters) - German truck manufacturer Traton SE said on Thursday it had made a $2.9 billion (2.2 billion pounds) offer to buy the remaining shares in Navistar International Corp it does not already own. Traton, Volkswagen's truck unit, said it owns a 16.8% stake in Navistar.Traton has agreed to pay $35 per Navistar share.(This story corrects headline to say Traton "offers to buy", not "to buy")