POTENTIAL DEAL DETAILS
|Stock||Navistar International Corporation||Symbol||NAV|
|Date Announced||01/30/2020||Source||Press Release|
|Type||Unsolicited Bid||Acquiring Company/Person||Volkswagen AG Unit TRATON|
Navistar International Corporation (NAV) today confirmed that it has received an unsolicited proposal from TRATON SE regarding a potential transaction to acquire the company for $35 per share in cash.
January 31, 2020: Volkswagen AG offered to buy the rest of Navistar International Corp. (NAV) in a $2.9 billion bid to secure a bridgehead in the U.S. heavy-truck market and step up its challenge to Daimler AG and Volvo AB.
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