Volkswagen Sounds out Buyers for MAN Energy Solutions: Sources

Volkswagen Sounds out Buyers for MAN Energy Solutions: Sources
The VW sign of Germany's Volkswagen car company is displayed at the building of a company's retailer in Berlin, Germany, on Oct. 5, 2015. AP Photo/Markus Schreiber, File
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FRANKFURT—Volkswagen has approached several companies to gauge their appetite for buying MAN Energy Solutions, which makes large diesel engines for ships and power generators, people close to the matter said.

The informal sales pitch is part of Volkswagen Chief Executive Herbert Diess’s efforts to slim down and simplify the group which has 12 brands, trucks, buses, motorbikes, cars and electric bicycles as part of its business.