By Reuters
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FRANKFURT (Reuters) - Volkswagen's <VOWG.DE> truck unit Traton should by year-end be in shape for a potential stock market listing, Europe's largest carmaker said on Monday.
Traton's legal structure will be converted to a Societas Europaea (SE) and investment banks and legal advisors for a possible initial public offering will be mandated shortly, it added.
Volkswagen is targeting proceeds of more than 6 billion euros (5.33 billion pounds) with a potential listing of its truck and bus subsidiary, the division's chief executive had said earlier this year.
(Reporting by Arno Schuetze; Editing by Michelle Martin)
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