Industrials Volkswagen Pursues Sale of Majority Stake in Everllence With Porsche Expected as Co-InvestorSix financial investors have progressed to the second round of bidding after submitting offers valuing Everllence at about $9.25 billion. March 12, 2026
Industrials Volkswagen Reportedly Draws Bids for Everllence Carve-OutBidders include private equity firms Brookfield, CVC and Blackstone, with binding offers expected within six weeks. February 27, 2026
Industrials PE Firms Reportedly Eye Volkswagen’s €6B Sale of EverllenceEverllence is based in Augsburg, Germany, and manufactures large diesel engines and turbines for ships and power plants. January 15, 2026
Transportation Audi Gives Up Control of Italdesign in Majority Sale to USTUST is a California-based digital transformation and engineering firm. December 11, 2025
Industrials Cadence Design Buys Hexagon’s Design & Engineering UnitHexagon's D&E business's software is used by clients including Volkswagen, BMW and Lockheed Martin. September 5, 2025