Freshfields advises Nissan on its divestment of Daimler stakeFreshfields Bruckhaus Deringer ('Freshfields') has advised Nissan Motor Co., Ltd. ('Nissan') on today's announced sale of its entire stake in Daimler AG ('Daimler'). The divestment comprises 16,448,378 shares, equivalent to 1.54 percent of Daimler’s issued shares at a price of 69.85 euros per share, totalling gross proceeds of approximately 1.15 billion euros. The shares were placed among institutional investors by way of an accelerated bookbuilding process.
Freshfields has been advising on all legal aspects of this transaction and on Nissan’s collaboration with Daimler.
The Freshfields team comprises partners Barbara Keil and Nicholas Günther as well as Lucas Schweitzer, Christina Zapf and Timo Piller in Germany and partners Julian Makin and David Ludwick as well as Richard Ho and Katie Bentel in the UK (all corporate).
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Freshfields Bruckhaus Deringer LLP is a global law firm with a long track record of successfully advising the world's leading national and multinational corporations and financial institutions on ground-breaking and business-critical challenges. Our team of more than 2,800 lawyers and other legal professionals delivers global results from our 28 offices worldwide. Our commitment, local and multinational expertise and business know-how means our clients can rely on us when it matters most.