Private equity firm sees off bids from rivals as German carmaker looks to cut costs and debt
Bain Capital is set to acquire a majority stake in Volkswagen's marine engine unit in a significant €7.4 billion deal. The private equity firm successfully outbid rivals for the acquisition. This strategic divestment allows Volkswagen to cut costs and reduce its debt burden as…
Market Samachar is a news aggregator. This article was originally published by International homepage. Tap the button above to read the full story on their site.