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September 01, 2020 10:18am
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Volkswagen close to selling stake in its U.S. EV recharging business to Siemens

Volkswagen AG, maker of the iconic Porsche sports car, is close to selling a minority stake in its U.S. electric vehicle recharging business to an arm of Siemens AG, a deal that would value the network at more than $2 billion, according to people familiar with the matter.
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