VW Group plans resumption of Traton IPO
By Jim Gibbins - 1st June 2019
The Board of Management of Volkswagen AG of Wolfsburg, together with approval from the Supervisory Board, has resumed the process of going ahead with the planned IPO (initial public offering) of Traton SE of Brunswick.
In March, the Volkswagen management board announced it had decided to delay preparations for an IPO of Traton SE in light of the difficult market environment at that time; but it did, however, also state, it was still aiming for an IPO once market conditions had improved. Last month the VW management board subsequently said the IPO would now take place before the summer break (although the exact date was not specified), but this was still subject to developments in the capital markets.
