Freshfields Bruckhaus Deringer has bagged the lead role advising Porsche on the increase of its stake in German rival Volkswagen from 27.3% to 30.9%. Under German law, the increase will trigger a mandatory offer for Volkswagen, which will value the automotive giant at approximately €35bn (£23bn).
March 27, 2007 at 09:31 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer has bagged the lead role advising Porsche on the increase of its stake in German rival Volkswagen from 27.3% to 30.9%.
Under German law, the increase will trigger a mandatory offer for Volkswagen, which will value the automotive giant at approximately €35bn (£23bn).
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