EXCLUSIVE-EU set to clear Volkswagen's Europcar deal without conditions - sources


Reuters | Brussels | Updated: 18-05-2022 21:10 IST | Created: 18-05-2022 21:10 IST
EXCLUSIVE-EU set to clear Volkswagen's Europcar deal without conditions - sources
  • Country:
  • Belgium

EU antitrust regulators are expected to approve without conditions a Volkswagen-led consortium's 2.9 billion euro ($3 billion) bid for Europcar, people familiar with the matter said.

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.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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