Volkswagen Mulling Options Including Listing For MAN Energy Unit, Bloomberg Reports, Citing Sources

Dow Jones

03-27

By Dominic Chopping

--Volkswagen is ramping up discussions around strategic alternatives for its MAN Energy Solutions business, including a potential listing, Bloomberg says, citing unnamed sources.

--The automaker has been in talks with potential advisers on alternatives for the unit, which could also include a stake sale, Bloomberg reports, citing the sources.

--The unit, which makes ship engines and power-plant turbines, could be valued at 5 billion euros ($5.4 billion) or more in any deal, Bloomberg says, according to the people.

--A representative for VW pointed to recent comments at the company's capital markets day that it will "take a more active approach" in managing its investments, and said the company will also "strive to find the right solutions" for its controlled shareholdings, according to Bloomberg.

Full story: https://tinyurl.com/4h5c6dfr

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

March 27, 2025 02:49 ET (06:49 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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