ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received ...
Read More »VW’s $18.6 billion truck IPO to test CEO’s overhaul push
Bloomberg Volkswagen AG valued its heavy-trucks business at as much as $18.6 billion in a planned initial public offering that will test Chief Executive Officer Herbert Diess’s ambition of overhauling the carmaking behemoth. The manufacturer intends to offer stock in Traton SE, which sells MAN and Scania AB vehicles, for between 27 euros to 33 euros per share, it said ...
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