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Deals Rumor Mill: Landis & Gyr, Volkswagen, Volvo

By Benjamin Horney (July 17, 2017, 7:52 PM EDT) -- Swiss power meter manufacturer Landis & Gyr AG is likely to list shares publicly as opposed to inking a sale, according to a Monday report from Reuters. The report said the company is heavily leaning toward an initial public offering after the two remaining suitors failed to pony up the amount of money that majority owner Toshiba Corp. believes it can rake in via a listing. Landis & Gyr could bring in as much as 2.4 billion francs ($2.5 billion). Reports late last month said the private equity arm of Goldman Sachs Group Inc. and Canada-based Onex Corp. were still vying for Landis & Gyr....

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