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INTERNATIONAL HOMEPAGE · GLOBAL ·

Volkswagen’s brutal jobs cull sparks prospect of sale of crown jewels

As reported by International homepage
Manufacturer squeezed €10bn valuation from cloak-and-dagger Everllence auction but may need more to fund restructuring
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Volkswagen is undergoing a significant jobs cull, prompting speculation about the potential sale of its "crown jewels" assets to finance a major restructuring effort. The manufacturer recently secured a €10 billion valuation from an Everllence auction, but it appears further…

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