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Stock Market News

VW plans to sell 15% of Traton shares in H1, manager magazin says

01/22/2025

Less than a minute

2025.01.22 06:35

BERLIN (Reuters) – Germany’s Volkswagen (ETR:) plans to sell 15% of its shares in truck unit Traton in the first half of this year, hoping to raise about 2 billion euros ($2.09 billion), manager magazin reported on Wednesday, citing unnamed company sources.

© Reuters. FILE PHOTO: A flag of Volkswagen's truck unit Traton SE is pictured at Frankfurt Stock Exchange during Traton's initial public offering (IPO) in Frankfurt, Germany, June 28, 2019. REUTERS/Ralph Orlowski/File Photo