Refile: Bids for Volkswagen's Everllence were well above €9 billion, source says

Porsche Automobil Holding SE

25/06/2026 11:06

corrects spelling of 'Balthazar' in second paragraph
BERLIN, June 25 (Reuters) - All three bids for Volkswagen's VOWG_p.DE diesel engine maker Everllence were "clearly above €9 billion euros", with some "in the direction" of 10 billion euros ($11.3 billion), a source familiar with the matter told Reuters on Thursday.
The winning bidder Bain Capital had the lowest bid but may have offered the most guarantees for possible risks linked to Everllence's project 'Balthazar', the source added.
($1 = 0.8803 euros)

 (Reporting by Alexander Huebner, writing by Rachel More, editing by Thomas Seythal)
 ((rachel.more@thomsonreuters.com))