Volkswagen restructuring deal seen as major positive surprise by analysts
Bank of America Securities analysts Horst Schneider and Stephen Benhamou said Volkswagen’s restructuring agreement is a major positive surprise, indicating the company can execute its transformation despite governance and labor constraints.
Volkswagen's restructuring agreement is a major positive surprise and proves the company can implement its transformation program despite complex governance and labor constraints, Bank of America Securities analysts Horst Schneider and Stephen Benhamou write.
Ahead of the meeting, media reports had…