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Jun
17th

VW plans 10% partial IPO for Traton unit

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Volkswagen Group is planning a 10% stake listing for its Traton commercial vehicle unit. The IPO could raise up to EUR1.9bn for VW. Traton is VW's commercial vehicle specialist that includes brands such as MAN and Scania. Earlier this year VW put the partial IPO on hold, but has now concluded the time is right.
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