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Volkswagen plans to sell majority stake in Everllence engine business for $8.4 billion
7 hour ago /
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Author：小编
On June 24, Volkswagen announced that it had signed an exclusivity agreement with Bain Capital to sell a 51% stake in its marine diesel engine subsidiary, Everllence, to Bain Capital for approximately €7.4 billion ($8.4 billion). In the medium to long term, Volkswagen will retain a 49% stake. The transaction is subject to employee consultation and regulatory approval, with Volkswagen aiming to complete the deal by the end of the year.
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