A majority stake in Volkswagen AG’s heavy diesel engine unit Everllence SE is attracting interest from a number of private equity firms, according to people familiar with the matter, as the German automaker proceeds with its asset disposal program.
EQT AB has been considering making a bid together with Singapore sovereign wealth fund GIC Pte, according to the people. CVC Capital Partners Plc, Advent, Bain Capital, KPS Capital Partners and Clayton Dubilier & Rice are also among potential bidders for the asset, the people said. Japanese trading firm Mitsui & Co. could be interested as ...
