VW's Everllence sale is contingent on Porsche SE becoming co-investor, sources say

Core Viewpoint - Volkswagen will condition the sale of a majority stake in its Everllence subsidiary on Porsche SE becoming a co-investor with approximately 10% stake in the marine equipment manufacturer [1] Group 1 - Volkswagen is looking to sell a majority stake in Everllence, which specializes in large marine equipment [1] - The involvement of Porsche SE as a co-investor is a strategic move to ensure financial backing and stability for the transaction [1]