VW’s Traton raises Navistar bid to close in on deal

At $44.50 per share, VW’s heavy truck unit would pay about $3.7 billion for the shares of Navistar it doesn’t already own. The deal hinges on finalizing due diligence, agreeing to merger terms and approval by the executive bodies of both companies.

source https://www.autonews.com/automakers-suppliers/vws-traton-raises-navistar-bid-close-deal