for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Navistar ready to accept Traton bid at $44.50 per share

Oct 16 (Reuters) - U.S. truck maker Navistar International Corp said on Friday it was prepared to accept a buyout from Volkswagen’s Traton, if it raised its offer price to $44.50 per share.

Traton, Volkswagen’s truck unit, had previously offered $43 per share for Navistar. (Reporting by Uday Sampath in Bengaluru; Editing by Shounak Dasgupta)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up