Bain Capital Nears Deal for Stake in Volkswagen’s Everllence Unit

🇺🇸 Bloomberg (US) —

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Bain Capital is close to securing a controlling stake in Volkswagen AG’s heavy diesel engine unit, concluding one of Europe's fiercest private equity auctions.

Bain Capital is nearing a deal to buy a controlling stake in Volkswagen AG’s heavy diesel engine unit and end one of Europe’s most hotly-contested private equity auctions, people familiar with the matter said.

Markets Deals Bain Capital Volkswagen private equity diesel engine investment Europe auction

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