01:33 PM EDT, 03/23/2026 (MT Newswires) -- Apollo Global Management ( APO ) and Bain Capital are among the private-equity firms bidding to acquire Continental AG's industrial unit, Bloomberg reported Monday, citing people familiar with the matter.

Advent and CVC Capital Partners have made a joint offer for the business, while Platinum Equity, KPS Capital Partners and Clearlake Capital have moved on to the next round of bidding, the report said.

A deal could value the ContiTech unit at 3.5 billion euros ($4.1 billion) to 4 billion euros, the report said.

Apollo didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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