This marks the second stake acquisition of a Chinese electric vehicle maker by a foreign automobile manufacturer in three months.
October 26, 2023 at 04:01 PM
2 minute read
Asia Correspondent
Allen & Overy and Clifford Chance are advising on Netherlands-based multinational automotive manufacturing company Stellantis N.V.’s $1.1 billion acquisition of a roughly 20% stake in Chinese electric vehicle maker Zhejiang Leapmotor Technologies Ltd.
This marks the second stake acquisition of a Chinese electric vehicle maker by a foreign automobile manufacturer in three months.
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