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Volkswagen Group has approached a number of companies to assess their intention to acquire Mann Power, including Wasilan, Cummins or Mitsubishi heavy Industries in the same industry. in addition, some private equity funds such as Bain Capital, Alfa Laval and Yintuo are interested in the relevant plans.

Mann is different from Manka, the main direction of Mann Power is the production of marine or industrial heavy diesel engines and gas engines; business is involved in turbochargers, turbine machinery and natural gas transportation equipment.

This is a matter that has not yet been officially announced, and the current Volkswagen CEO Herbert Dis is trying to streamline the Volkswagen group. Volkswagen Group has 12 brands, covering commercial vehicles, passenger cars and motorcycles. People familiar with the matter said that if the deal could be concluded, it would be worth about 3 billion euros. Volkswagen Group will start the process of selling Mann Power later this year.

Mann Power was originally part of Mann truck, and last year some of its assets were transferred to Volkswagen, a streamlined move by Volkswagen to take its truck business public. The truck business includes brands such as Scania, Mann and Volkswagen commercial cars.

Mr Deiss, who took over in April last year, pushed for a streamlining campaign to sell his Ducati and Lunk, a gearbox maker, and the labour commission rejected the plan. Volkswagen spun off non-core businesses, cut costs, and will achieve annual expenditure savings of 5.9 billion euros by 2023, thereby raising Volkswagen's operating profit margin to 6 per cent.

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