Volkswagen to sell 76 percent Renk share to Triton International.
Auto Business News-January 31, 2020--Volkswagen to sell 76 percent Renk share to Triton International
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Auto Business News - 31 January 2020
Volkswagen AG (Xetra: VW), a Germany-based automaker, is selling a 76 percent share in Renk AG to Triton International Ltd.
The automaker stated that its board of management and supervisory board approved the sale, corresponding to around 5.3 million shares in Triton International Ltd.
The company stated that a purchase price of EUR97.80 per share would be subject to adjustments in relation to its dividend, adding...
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