Bidders Looking at Volkswagen's MAN Energy Solutions, Sources Say --Reuters

Date : 12/19/2019 @ 6:19PM
Source : Dow Jones News
Stock : Volkswagen AG (VOW)
Quote : 156.5  -1.8 (-1.14%) @ 4:35PM
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Bidders Looking at Volkswagen's MAN Energy Solutions, Sources Say --Reuters

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--MAN Energy Solutions, owned by Volkswagen AG, is drawing interest from several potential buyers, Reuters reported Thursday, citing "people close to the matter."

--MAN makes diesel engines and turbochargers, and while Volkswagen isn't holding a formal auction, it may ask for final offers before the end of February, the report said.

--Volkswagen declined to comment, the report said.

 

Full story: https://www.reuters.com/article/us-volkswagen-unit-divestiture/volkswagen-attracts-bids-for-man-energy-solutions-unit-sources-idUSKBN1YN25V

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

December 19, 2019 13:04 ET (18:04 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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