FRANKFURT (Reuters) – Volkswagen said on Wednesday it sold a stake in commercial vehicle manufacturer Traton for 360 million euros ($393 million) or 32.75 euros per share.
Volkswagen late on Tuesday said the transaction would enhance the free float and trading liquidity of Traton shares and that Volkswagen would remain a “committed and responsible shareholder”.
($1 = 0.9152 euros)
(Reporting by Ludwig Burger, editing by Thomas Seythal)
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