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 BMW and Mercedes-Benz sell FreeNow to Lyft: the advisors
Deal & transactions

BMW and Mercedes-Benz sell FreeNow to Lyft: the advisors

michela.cannovale@lcpublishinggroup.com 17 April 2025

DLA Piper has advised BMW Group and Mercedes-Benz Group on the sale of their jointly operated mobility platform FreeNow to US ride-hailing service Lyft. FreeNow will continue its business operations and aims for further growth.

 Hogan Lovells advises Harry-Brot on acquisition of REWE subsidiary Glockenbrot
Deal & transactions

Hogan Lovells advises Harry-Brot on acquisition of REWE subsidiary Glockenbrot

michela.cannovale@lcpublishinggroup.com 17 April 2025

Under the lead of Hamburg partners Matthias Hirschmann (Corporate, M&A, PICTURED LEFT) and Dr. Marc Schweda (Antitrust Law, PICTURED RIGHT), Hogan Lovells has advised Harry-Brot on its expansion into southern Germany. Harry-Brot is

 White & Case advises Snam on acquisition of 24.99% stake in Open Grid Europe
Energy

White & Case advises Snam on acquisition of 24.99% stake

michela.cannovale@lcpublishinggroup.com 16 April 2025

White & Case LLP has advised Italian energy infrastructure operator Snam on the €920 million equity value acquisition from Infinity Investments of a 24.99 percent stake in the share capital of Luxembourg-based Vier Gas Holding (VGH), which

 Pwc Legal and Pwc advise PSI on the disposal of PSI Transcom
Deal & transactions

Pwc Legal and Pwc advise PSI on the disposal of

michela.cannovale@lcpublishinggroup.com 16 April 2025

A multidisciplinary team from PwC Legal and the auditing and consulting firm PwC Germany comprehensively advised PSI Software (PSI) on the sale of PSI Transcom to Altamount (a portfolio company of CHAPTERS Group AG), particularly

 Gleiss Lutz advises lenders of OQ Chemicals on German law in recapitalisation
Banking & Finance

Gleiss Lutz advises lenders of OQ Chemicals on German law

michela.cannovale@lcpublishinggroup.com 15 April 2025

Gleiss Lutz has advised the ad hoc group of lenders to the OQ Chemicals Group, one of the world’s largest suppliers of oxo chemicals, on the German-law aspects of the Group’s holistic recapitalisation,

 Linklaters with Auxmoney on sixth public securitisation with a volume of €425m
Banking & Finance

Linklaters with Auxmoney on sixth public securitisation with a volume

michela.cannovale@lcpublishinggroup.com 15 April 2025

Linklaters advises Auxmoney, the leading digital-lending platform for consumer credit in Europe, on its first public securitisation in 2025 of consumer loan receivables brokered via the loan platform operated by auxmoney. The transaction, known as ‘Fortuna

 Gleiss Lutz wins key court ruling on health insurance staffing funding
Litigation

Gleiss Lutz wins key court ruling on health insurance staffing

michela.cannovale@lcpublishinggroup.com 14 April 2025

In its ruling of 10 April 2025, the Federal Administrative Court dismissed the appeals filed by the State of Baden-Württemberg and a hospital operator on the fundamental issue of whether a hospital should be reimbursed for

 Interactive Strength acquired Wattbike: the advisors
Deal & transactions

Interactive Strength acquired Wattbike: the advisors

michela.cannovale@lcpublishinggroup.com 14 April 2025

Interactive Strength, a manufacturer of innovative specialty fitness equipment and digital fitness services under the CLMBR and FORME brands, is acquiring the British company Wattbike (Holdings), a leading brand of indoor performance bikes. The transaction

 Georg Scherpf joined Luther’s arbitration practice as partner
Moves

Georg Scherpf joined Luther’s arbitration practice as partner

michela.cannovale@lcpublishinggroup.com 14 April 2025

Luther is strengthening its arbitration practice: Georg Scherpf (PICTURED) joined the firm’s Hamburg office on 1 April 2025 as a new partner after four years at Clyde & Co Europe LLP to take on a key

 TaylorWessing, Johanna Götz appointed as equity partner
Appointments

TaylorWessing, Johanna Götz appointed as equity partner

michela.cannovale@lcpublishinggroup.com 11 April 2025

Taylor Wessing is strengthening its equity partnership with Dr. Johanna Götz (PICTURED) effective May 1, 2025. The 39-year-old was elected to the equity partnership by a large majority at this year’s partner meeting. Johanna Gö

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