Clifford Chance leads on VW’s $9.2bn offer for remaining shares in Scania

Magic Circle giant Clifford Chance (CC) has scored a key advisory role on Volkswagen’s (VW’s) $9.2bn offer for a remaining stake in Swedish truck company Scania.

CC, a longstanding adviser to the German automobile manufacturer, is leading on the German and US legal aspects of the offer, led by Frankfurt-based M&A partner Wolfgang Richter and banking partner George Hacket. Leading Nordic firm Roschier is also advising VW on Swedish law matters.

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