UPDATE 1-Volkswagen considers options for transmissions maker Renk - sources
Contributed by NAMPA / Reuters.
(Adds potential bidders, background)
By Arno Schuetze and Edward Taylor
FRANKFURT, July 17 (Reuters) - Volkswagen is
considering options for majority-owned transmissions maker Renk
, as the German carmaker streamlines operations to help
fund an overhaul following its emissions scandal, people close
to the matter said.
Volkswagen (VW) is working with Citi to decide on the
future of Renk, which may result in a sale of the maker of
transmissions and bearing ...