Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Private equity firms bid for Volkswagen’s Everllence, a ship engine and heat pump unit valued at €5–6B, as VW explores a majority spin-off.

flag Private equity firms including Blackstone, EQT, and CVC have submitted bids for Volkswagen’s Everllence unit, which makes ship engines and heat pumps, valued at 5 to 6 billion euros. flag The unit, formerly MAN Energy Solutions, is under consideration for a majority spin-off while Volkswagen retains a significant minority stake. flag The company is exploring strategic options amid challenges from Chinese EV makers, rising tariffs, and high electric vehicle transition costs. flag Japanese firm Yanmar is also reportedly considering a bid. flag Volkswagen and the firms involved declined to comment.

6 Articles