Swetha Gopinath and Christoph Rauwald

Business, Technology

VW’s Traton IPO to Raise $1.8 Billion, Pricing at Low End

vw Mikael Sjoberg/Bloomberg News

Volkswagen AG raised 1.55 billion euros ($1.8 billion) selling a stake in its truck business, but only after pricing the offer at the low end of a target range to attract investors to one of Europe’s biggest initial public offerings this year.

June 27, 2019