Volkswagen is considering spinning off its commercial vehicle division – comprising Scania, MAN, Volkswagen Caminhões e Ônibus and Rio– by the end of the year. Although dependent on market conditions, Volkswagen is targeting an IPO of the commercial vehicles business as Traton Group. Ahead of the biannual IAA show in Hannover, which begins on Thursday, Volkswagen said that now was the right time to set the course for the future of Traton. Traton, formerly Volkswagen Truck & Bus, has also […]
Waste collection company Biffa is planning a return to the London Stock Exchange next month.
Royal Mail’s privatisation is complete, after the Department for Business, Skills and Innovation (BIS) said it had sold its remaining 14% stake in the business.
There is “no new date” for the relaunch of the postponed IPO of Volkswagen commercial vehicle division Traton Group, which contains the Scania and MAN brands.