Traton gets traction after one week on road

By Sam Kerr
11 Jun 2019

Europe’s most prominent IPO, the Frankfurt listing of Volkswagen’s truck unit Traton, has been on the road for a week and sources have expressed confidence in the deal’s viability.

It is early days for the IPO. But after a week and a half of investor education, the deal has already been positively received by some investors. It has been a good start for a deal unexpectedly postponed in March because of volatility in global equity markets.

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