The German arms of Clifford Chance (CC) and Freshfields Bruckhaus Deringer have picked up lead roles on multibillion-pound deals involving German automotive giant Volkswagen (VW).

CC has acted alongside Scandinavian leader Roschier to advise VW as it bids to increase its stake in Swedish lorry maker Scania from 38% to just under 69%, in a deal worth around SEK27.9bn (£2.26bn).