Rheinmetall re-enters race for Volkswagen's Renk unit - sources
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FRANKFURT (Reuters) - German defence group Rheinmetall has rejoined the auction for Volkswagen's transmissions maker Renk , as a mid-December deadline for the process approaches, people close to the matter said. Rheinmetall, which was initially dropped from the race due to its unattractive offer, has been invited back to the negotiating table, the people said.They added Rheinmetall was expected to vie with buyout funds Carlyle and EQT for the maker of transmissions used in tanks and other..