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VW Trucks could pursue listing or issue debt - CEO

Reuters  |  FRANKFURT 

FRANKFURT (Reuters) - Volkswagen said it could list its trucks business as part of expansion plans for the division, Andreas Renschler, head of the trucks business said on Monday."We want to achieve capital market readiness in the next 12 months. An IPO is just one of the options," Renschler explained to journalists in Munich."You can also go to the capital market without (an IPO). You can refinance yourself by issuing a bond." (Reporting by Andreas Cremer; Writing by Edward Taylor; Editing by Arno Schuetze)(This story has not been edited by Business Standard staff and is auto-generated from ...

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First Published: Mon, April 16 2018. 17:27 IST