economy
Volkswagen's brutal jobs cull sparks prospect of sale of crown jewels
Manufacturer squeezed €10bn valuation from cloak-and-dagger Everllence auction but may need more to fund restructuring
TL;DR
- Volkswagen achieved a valuation of €10 billion from the Everllence auction.
- This valuation might not be enough to finance the company's restructuring.
- The company may need to explore additional options to fund its restructuring.