45 Events after the balance sheet date
On January 30, 2020, TRATON SE submitted an offer for the acquisition of all outstanding ordinary shares of Navistar that are not yet held by TRATON SE, at a price of USD 35.00 per share in cash. This corresponds to an offer price of around €2.6 billion. TRATON SE held around 16.8% of the outstanding ordinary shares of Navistar as of December 31, 2019.
Continuing restrictions due to the coronavirus could adversely affect the results of operations, financial position and net assets in 2020. In this context, please refer to our remarks found in the management report in the “Report on Expected Developments” and “Report on Risks and Opportunities” sections.