Linklaters, A&O and Dutch firm advise as Volkswagen sells off car leasing company for €3.7bn
German car manufacturer and German private banker Friedrick Von Metzler sell LeasePlan to a consortium of investors
July 24, 2015 at 12:03 AM
2 minute read
Linklaters, Allen & Overy (A&O) and Dutch firm Loyens & Loeff have won roles advising as Volkswagen and its co-owner sell vehicle management company LeasePlan for €3.7bn (£2.6bn).
LeasePlan is being sold to a consortium of investors including the Abu Dhabi Investment Authority and Goldman Sachs.
LeasePlan is currently owned by a 50/50 joint venture between Volkswagen and Fleet Investments, which is an investment vehicle belonging to German banker Friedrich von Metzler.
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