Finance
VW plans to sell 15% of Traton shares in H1, manager magazin says
Published by Global Banking & Finance Review®
Posted on January 22, 2025
1 min readLast updated: January 27, 2026
Quick Summary
Volkswagen plans to sell 15% of its Traton shares in H1 2023, aiming to raise €2 billion, according to manager magazin.
Volkswagen to Sell 15% of Traton Shares in Early 2023
BERLIN (Reuters) - Germany's Volkswagen plans to sell 15% of its shares in truck unit Traton in the first half of this year, hoping to raise about 2 billion euros ($2.09 billion), manager magazin reported on Wednesday, citing unnamed company sources.
Volkswagen was not immediately available for comment.
($1 = 0.9571 euros)
(Reporting by Christina Amman; Writing by Madeline Chambers; editing by Matthias Williams)
Key Takeaways
- •Volkswagen plans to sell 15% of Traton shares.
- •The sale is expected to raise about €2 billion.
- •The transaction is planned for the first half of 2023.
- •Manager magazin reported the news citing unnamed sources.
- •Volkswagen was not immediately available for comment.
Frequently Asked Questions about VW plans to sell 15% of Traton shares in H1, manager magazin says
1What is the main topic?
The main topic is Volkswagen's plan to sell 15% of its Traton shares to raise approximately €2 billion.
2Why is Volkswagen selling Traton shares?
Volkswagen aims to raise about €2 billion through the sale of Traton shares, as reported by manager magazin.
3When will the Traton shares be sold?
The sale of Traton shares is planned for the first half of 2023.