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Volkswagen AG is considering whether to pay out a record 3.3 billion-euro ($3.6 billion) dividend as planned, or use at least part of it to shore up its finances for what is shaping up to be the biggest economic crisis since World War II.

Knorr-Bremse AG has opted to list shares in Frankfurt later this year after majority billionaire owner Heinz Hermann Thiele explored a range of strategic options for one of the world’s largest makers of truck and train brakes.