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EU Commission OKs Bain Capital's Majority Stake Purchase in Everllence from Volkswagen

MT Newswires·08/13/2026 07:08:34
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07:08 AM EDT, 08/13/2026 (MT Newswires) -- The European Commission cleared the acquisition of a majority stake in Everllence, the marine and power engines business of German carmaker Volkswagen (VOW.F), by US investor Bain Capital. The authority said Thursday that the transaction would not raise competition issues because the companies are not active in the same or vertically related markets.