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Volkswagen AG is attracting private equity interest in its heavy diesel engine unit, Everllence SE. The potential sale of a majority stake comes as part of VW’s broader asset disposal program. The automaker is looking to streamline its business and raise cash for its transition to electric vehicles. Private equity firms are reportedly interested in the unit, though no transaction is confirmed. This move reflects the German auto industry’s shift away from traditional combustion engines toward sustainable mobility.
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