07:11 AM EDT, 09/07/2026 (MT Newswires) -- Volkswagen (VOW.F, VOW3.F) struck a deal for the potential sale of its site in Osnabrück, Germany, to Israel's Aurelius Capital and the German state of Lower Saxony, according to a Monday release. Under the deal, Aurelius Capital would take a majority stake in the site, along with Lower Saxony, with plans to develop it into a competence center for security and defense systems. The German carmaker said the transaction is aimed at securing the site and the majority of its jobs in the long term. The sale remains subject to final agreements and regulatory clearances.

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