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Bosch Still Seeks Aleo Solar Sale as Transaction not in Sight

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Oct. 9 (Bloomberg) -- Robert Bosch GmbH, Germany’s biggest autoparts maker, is sticking with plans to sell solar operations after failing to find any preferred candidates to buy the unit.

Bosch aims to sell all or part of its 91 percent of panel maker Aleo Solar AG, it said today in a statement. “If and when a transaction takes place remains open,” it said. There are no preferred candidates, Aleo Solar said in a separate statement.

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net