Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Volkswagen requests all parties to submit sealed final bids for the engine business

Volkswagen requests all parties to submit sealed final bids for the engine business

格隆汇格隆汇2026/06/17 04:34
Show original
Glonghui, June 17 — According to sources cited by the Financial Times, Volkswagen has notified three acquisition consortiums to submit sealed final bids next week to compete for its engine business division, valued at 10 billion USD. Investors behind these consortiums include European wealthy families, as well as capital from Qatar and Canada. Previously, EQT, together with Porsche Holding and Qatar Investment Authority, participated in the bidding. There are market concerns that EQT may have an unfair competitive advantage, and Volkswagen’s move aims to address these concerns. Volkswagen, Porsche Holding, and EQT have all declined to comment.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The Reality of AI Agentic Payments in 2026

BeInCrypto•2026/10/06 17:45

Federal Reserve plans major reform of bank regulatory mechanisms; Vice Chair Bowman: restructure regional framework and adjust asset thresholds

Federal Reserve Vice Chair for Supervision Bowman stated that there are plans to comprehensively reform the way all U.S. banks are regulated, by consolidating the current regulatory functions of the 12 Federal Reserve district banks into five new geographic regions. Each region will have a dedicated "regional head," aiming to change the previous situation where responsibilities and powers were decentralized. The Federal Reserve will review updates later this year regarding the asset thresholds at which banks face stricter regulatory rules, potentially providing greater room for banks to expand.

华尔街见闻•2026/10/06 17:11