Blackstone Inc and Japanese industrial equipment maker Yanmar Holdings Co are exploring potential bids for a majority stake in Volkswagen AG’s heavy diesel engine business, Everllence SE, according to a report by Bloomberg citing unnamed people familiar with the matter.
Brookfield Asset Management has also been reviewing the unit, which produces ship engines and power-plant turbines, while Turkish energy firm Karpowership, a major client, could participate either directly or alongside private eq...
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