Volkswagen Truck & Bus AG: the total annual compensation to be paid to the outside shareholders is now no longer proportionate to the profit transfer of MAN SE and other benefits from the domination and profit transfer agreement

MUNICH, 24-Aug-2018 — /EuropaWire/ — In today’s (08/21/18) meeting, the management of Volkswagen Truck & Bus AG (soon transforming into TRATON AG) has resolved the extraordinary termination of the domination and profit transfer agreement (BGAV) with MAN SE, dated April 26, 2013, with effect from January 1, 2019.

Comments are closed.