June 24 (Reuters) - Volkswagen has agreed to sell a 51% stake in marine engine unit Everllence to private equity firm Bain Capital in a deal that will generate proceeds at about €7.4 billion ($8.40 billion), the company said on Wednesday.

($1 = 0.8807 euros)

(Reporting by Mrinmay Dey in Mexico City; Editing by Chris Reese)

Find it fast

Looking for more insights? Explore our other news sections for updates on sustainable finance, companies and financial education