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Travers Smith and CMS Cameron McKenna Nabarro Olswang have taken pole position on Auto Trader Group’s joint venture with Cox Automotive UK to provide a digital marketplace for wholesale vehicles in the UK.

The new business will combine three businesses onto a single platform providing an online auction service. Cox will transfer Dealer-Auction.com and Manheim Online, while Auto Trader will transfer Smart Buying to the joint venture.

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Joseph Evans

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