Today TRATON SE (“TRATON”), one of the world’s largest commercial vehicle manufacturers, informed Navistar International Corporation (“Navistar”) that TRATON’s 10 September 2020 offer of USD 43.00 per share in cash for all outstanding shares of common stock of Navistar not already owned by TRATON would expire if not accepted by Friday, October 16, 6 pm CET.
The full content of the letter just submitted to Navistar can be found here: https://ir.traton.com/websites/traton/English/4700/navistar-offer.html
SOURCE: TRATON