Volkswagen wouldn't be required to make an offer for the shares outstanding in Navistar International Corp. if its stake in the truck maker were to rise above 17%. "Volkswagen Unit Considers Full Takeover of Truck Maker Navistar," at 7:30 a.m. ET and subsequent updates on April 16, cited Volkswagen officials who mistakenly claimed the company would have to make an offer for all of Navistar if its stake rose above current levels. (April 18, 2018)

 

(END) Dow Jones Newswires

April 18, 2018 15:18 ET (19:18 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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