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Germany

VW expecting EUR 7.4 billion in proceeds by selling 51% stake in Everllence

On June 24, VW Group announced an exclusive agreement with Bain Capital for the sale of a 51% stake in Everllence (formerly MAN Energy Solutions), a leading global provider of propulsion, decarbonization and efficiency solutions for the maritime, energy and industrial sectors.
The transaction is expected to generate ....

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