Apollo and Bain Capital Among Bidders for Continental AG's ContiTech Unit, Bloomberg Says, Citing Sources

Dow Jones03-24 15:44

--Apollo Global Management and Bain Capital are among the private equity firms bidding for Continental AG's ContiTech business, Bloomberg says, citing people familiar with the matter.

--Advent and CVC Capital Partners have teamed up to make an offer for the business, while Platinum Equity, KPS Capital Partners and Clearlake Capital have also progressed to the next round of bidding, the report says.

--A deal could value ContiTech at between 3.5 billion and just over 4 billion euros ($4.07 billion-$4.65 billion), the report says.

--Representatives for Apollo, Advent, Bain, Clearlake, Continental, CVC, KPS and Platinum declined to comment, Bloomberg says.

Full story: https://tinyurl.com/2zscuakp

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

March 24, 2026 03:44 ET (07:44 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2621543930?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-24 15:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2621543930","market":"other","top_or_hot":-1,"title":"Apollo and Bain Capital Among Bidders for Continental AG's ContiTech Unit, Bloomberg Says, Citing Sources","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  --Apollo Global Management and Bain Capital are among the private equity firms bidding for <a href=\"https://laohu8.com/S/CTTAF\">Continental AG</a>'s ContiTech business, Bloomberg says, citing people familiar with the matter. \n</p>\n<p>\n  --Advent and CVC Capital Partners have teamed up to make an offer for the business, while Platinum Equity, KPS Capital Partners and Clearlake Capital have also progressed to the next round of bidding, the report says. \n</p>\n<p>\n  --A deal could value ContiTech at between 3.5 billion and just over 4 billion euros ($4.07 billion-$4.65 billion), the report says. \n</p>\n<p>\n  --Representatives for Apollo, Advent, Bain, Clearlake, Continental, CVC, KPS and Platinum declined to comment, Bloomberg says. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Full story: https://tinyurl.com/2zscuakp \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 24, 2026 03:44 ET (07:44 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apollo and Bain Capital Among Bidders for Continental AG's ContiTech Unit, Bloomberg Says, Citing Sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApollo and Bain Capital Among Bidders for Continental AG's ContiTech Unit, Bloomberg Says, Citing Sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-24 15:44</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  --Apollo Global Management and Bain Capital are among the private equity firms bidding for <a href=\"https://laohu8.com/S/CTTAF\">Continental AG</a>'s ContiTech business, Bloomberg says, citing people familiar with the matter. \n</p>\n<p>\n  --Advent and CVC Capital Partners have teamed up to make an offer for the business, while Platinum Equity, KPS Capital Partners and Clearlake Capital have also progressed to the next round of bidding, the report says. \n</p>\n<p>\n  --A deal could value ContiTech at between 3.5 billion and just over 4 billion euros ($4.07 billion-$4.65 billion), the report says. \n</p>\n<p>\n  --Representatives for Apollo, Advent, Bain, Clearlake, Continental, CVC, KPS and Platinum declined to comment, Bloomberg says. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Full story: https://tinyurl.com/2zscuakp \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 24, 2026 03:44 ET (07:44 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B775SV38.USD","symbol_name":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2621543930","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621543930","pubTimestamp":1774338240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"--Apollo Global Management and Bain Capital are among the private equity firms bidding for Continental AG's ContiTech business, Bloomberg says, citing people familiar with the matter.--Advent and CVC Capital Partners have teamed up to make an offer for the business, while Platinum Equity, KPS Capital Partners and Clearlake Capital have also progressed to the next round of bidding, the report says.--A deal could value ContiTech at between 3.5 billion and just over 4 billion euros , the report says.--Representatives for Apollo, Advent, Bain, Clearlake, Continental, CVC, KPS and Platinum declined to comment, Bloomberg says.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4135":"资产管理与托管银行","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","APO":"阿波罗全球管理","AG":"First Majestic Silver Corporation","BK4184":"其它综合性金融服务","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","CTTAY":"Continental AG","BK4119":"轮胎与橡胶","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","BK4124":"机动车零配件与设备","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK4210":"白银","LU0106831901.USD":"贝莱德世界金融基金A2","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD"},"translate_title":"彭博社援引消息人士的话称，阿波罗和贝恩资本是大陆集团ContiTech部门的竞购者之一","themeId":"8603dabb40994e59ac78c04c930c0d49","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AG":1.5,"CTTAY":0.9,"APO":0.9},"content_text":"--Apollo Global Management and Bain Capital are among the private equity firms bidding for Continental AG's ContiTech business, Bloomberg says, citing people familiar with the matter. \n\n\n  --Advent and CVC Capital Partners have teamed up to make an offer for the business, while Platinum Equity, KPS Capital Partners and Clearlake Capital have also progressed to the next round of bidding, the report says. \n\n\n  --A deal could value ContiTech at between 3.5 billion and just over 4 billion euros ($4.07 billion-$4.65 billion), the report says. \n\n\n  --Representatives for Apollo, Advent, Bain, Clearlake, Continental, CVC, KPS and Platinum declined to comment, Bloomberg says. \n\n\n \n\n\n  Full story: https://tinyurl.com/2zscuakp \n\n\n \n\n\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 24, 2026 03:44 ET (07:44 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.38.0","shortVersion":"4.38.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2621543930","isCrawlerRequest":true}