Volkswagen aims to raise 1.9 billion euros from truck unit IPO

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Volkswagen aims to raise 1.9 billion euros from truck unit IPO
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Volkswagen said on Friday that it aims to raise up to 1.9 billion euros ($2.1 bi...

FILE PHOTO: The logo of Volkswagen carmaker is seen at the entrance of a showroom in Nice, France, April 8, 2019. REUTERS/Eric Gaillard/File Photo

VW seeks to capitalize on the premium that truck stocks command over autos, and create an acquisition currency.

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