Volkswagen AG's Truck Unit IPO Raises $1.8 Billion
Traton SE tire track branding sits on the pavement outside the Frankfurt Stock Exchange, operated by Deutsche Boerse AG, as Volkwagen AG's truck unit makes its initial public offering (IPO) in Frankfurt, Germany, on Friday, June 28, 2019. Volkswagen raised 1.55 billion euros ($1.8 billion) selling a stake in its trucks business, but only after pricing the offer at the low end of a target range to attract investors to one of Europes biggest initial public offerings this year. Photographer: Alex Kraus/Bloomberg via Getty Images
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