EU Clears Bain Capital To Buy Bavaria Yachtbau

BRUSSELS (Dow Jones)--The European Commission Tuesday cleared U.S. privateequity firm Bain Capital LLC to buy German yacht-maker, Bavaria Yachtbau GmbH.

The deal is valued around EUR1.3 billion.

(MORE TO FOLLOW) Dow Jones Newswires 07-31-07 0516ET Copyright (c) 2007 Dow Jones & Company, Inc.

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