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Navistar Defense LLC operates independently and is owned by Cerberus Capital Management.
Jul 1, 2021 · US commercial vehicle manufacturer Navistar becomes part of the TRATON GROUP following successful closing. The TRATON GROUP now holds all Navistar common shares. Navistar is to be delisted and deregistered with the SEC during July 2021. The purchase price was approximately 3.7 billion USD.
On July 1, 2021, TRATON SE, a subsidiary of Volkswagen AG and one of the world’s largest commercial vehicle manufacturers, acquired all outstanding shares of Navistar (former International name).
Nov 7, 2020 · TRATON currently owns 16.7% of the outstanding shares of common stock of Navistar. Beginning in March 2017, TRATON and Navistar have benefitted from a strategic alliance that has delivered significant value to both companies through increased purchasing scale and the integration of new technologies.
Jul 2, 2021 · The deal — which was approved by shareholders of Navistar on Mar 2, 2021 — is worth $3.7 billion. Notably, Navistar and TRATON have been collaborating over the past couple of years to make...
Nov 9, 2020 · Navistar’s two largest shareholders, billionaire Carl Icahn and MHR Fund Management, voted in favor of the transaction.
Oct 16, 2020 · TRATON SE and Navistar today reached an agreement in principle that TRATON will acquire all shares at a price of USD 44.50 per share.
