Clifford Chance advises Volkswagen Group and Simpson Thacher and Freshfields advise XPeng on Volkswagen Group's US$700 million minority stake acquisition and strategic technical collaboration with XPeng.
XPENG sold XPENG to Volkswagen Group as part of a minority investment on 2023-07-28.
Deal value was 7000000000 (source: Extracted) Seller position: minority investment (4.99%); Sector: Automotive; Location: Global.
On the seller side, Simpson Thacher & Bartlett advised, led by Teresa Ko, Calvin Lai.
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Clifford Chance advises Volkswagen Group and Simpson Thacher and Freshfields advise XPeng on Volkswagen Group's US$700 million minority stake acquisition and strategic technical collaboration with XPeng. | The Sponsor - The Sponsor