Volkswagen has drawn bids from top private equity firms, including EQT, Blackstone, and CVC Capital Partners, for its Everllence division, the shipping engines and heat pumps business formerly known as MAN Energy Solutions, according to a report by teh Financial Times.
The report cites Sources familiar with the matter as saying that the division is being valued between €5bn and €6bn, with initial offers having closed last week. Other private equity groups previously reported to have expressed in...
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