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Report: Volkswagen, Navistar to announce partnership

Sep. 05, 2016 10:43 AM ETVolkswagen AG (VWAGY) StockNAV, VLKAF, VWAGYBy: Yoel Minkoff, SA News Editor8 Comments
  • Volkswagen's (VLKAY) trucks division is close to announcing a partnership with Navistar (NYSE:NAV), in the latest example of a deal driven by emissions regulations.
  • Update: VW will pay around $16 per Navistar share or about €200M in exchange for a 19.9% stake in the truckmaker, sources told Reuters, saying a deal could be announced as soon as today.

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