Volkswagen's Everllence Unit Attracting Interest From Private Equity, Bloomberg Says, Citing Sources
-- A number of private equity firms are interested in taking a majority stake in Volkswagen's heavy diesel engine unit Everllence, Bloomberg says, citing unnamed sources.
-- EQT is considering making a bid together with GIC, while CVC Capital Partners, Advent, Bain Capital, KPS Capital Partners, Clayton Dubilier & Rice and Mitsui & Co. are also among potential bidders, the people said, according to Bloomberg.
-- Everllence could be valued at between 5 billion and 6 billion euros, with first-round bids expected by Feb. 12, Bloomberg said, citing the people.
--Representatives of the private equity firms and GIC declined to comment to Bloomberg, while Mitsui said it doesn't disclose whether it is considering specific transactions. Volkswagen said it is reviewing strategic options for Everllence but declined to comment further to Bloomberg.
Full story: https://tinyurl.com/54bc28t5
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
January 16, 2026 03:15 ET (08:15 GMT)
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