Exclusive-EU set to clear Volkswagen’s Europcar deal without conditions – sources

2022.05.18 19:10

The logo of car rental company Europcar is seen outside Paris Charles de Gaulle airport in Roissy-en-France during the outbreak of the coronavirus disease (COVID-19) in France May 19, 2020. REUTERS/Charles Platiau

BRUSSELS (Reuters) – 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 (ETR:VOWG_p) 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.

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