Reuters exclusively reported that Volkswagen is expected to win unconditional EU antitrust approval for its 2.9-bln-euro bid for French rental car company Europcar, an acquisition that will boost its presence in fast-growing mobility services, which are seen as the next money spinner for carmakers. Volkswagen teamed up with asset manager Attestor Limited and Dutch mobility group Pon Holdings BV last year to launch the bid for French-listed Europcar, placing a bet on fast-growing mobility services.
AutomotiveBusiness & Finance
18 May 2022, 7:44 pm. 1 minute
Article Tags
Topics of Interest: AutomotiveBusiness & Finance
Type: Reuters Best
Sectors: Equities
Regions: Europe
Countries: France
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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