Volkswagen to sell diesel engine unit to Bain in deal generating €7.4bn
Volkswagen to sell diesel engine unit to Bain in deal generating €7.4bn
Volkswagen has agreed to sell its diesel engine unit Everllence to Bain Capital in a deal generating proceeds of about €7.4bn (R139.30bn), beating out other private equity firms, including one that had joined forces with Volkswagen’s top shareholders.
Volkswagen has agreed to sell its diesel engine unit Everllence to Bain Capital in a deal generating proceeds of about €7.4bn (R139.30bn), beating out other private equity firms, including one that had joined forces with Volkswagen’s top shareholders.