Volkswagen Sells 2.2% Stake in Traton, Raising €360 Million

The sale reduces Volkswagen's ownership in Traton to 87.5% while maintaining its commitment to a controlling interest.

Volkswagen sold 2.2% of its shares in Traton, generating €360 million through an accelerated auction process.
The company's stake in Traton has decreased from 89.7% to 87.5% as a result of the sale.
Volkswagen plans to remain the majority shareholder, committing to at least 75% plus one share in the medium term.
The increased free float of Traton shares is expected to improve trading liquidity and attract more investors.
Traton, Volkswagen's truck and bus holding, includes brands such as MAN, Scania, Navistar, and VW Truck & Bus.