Freshfields is advising Volkswagen AG in its proposed $2.6 billion co-investment with Ford Motor Co. in Argo AI

Freshfields is advising Volkswagen AG as IP/IT, Antitrust and CFIUS counsel in its proposed $2.6 billion co-investment with Ford Motor Co. in autonomous vehicle technology company Argo AI, which is now valued at $7.1 billion. The transaction contemplates a capital infusion into Argo AI by VW and the merger of VW’s own Autonomous Intelligent Driving into Argo AI. The Freshfields team includes partners and associates in its New York, Washington, D.C., Berlin, Düsseldorf, Munich and Vienna offices.

The Freshfields team is led by Menachem Kaplan (IP/IT, Partner, New York), Bertram Burtscher (IP/IT, Partner, Vienna) and Marissa Yu (IP/IT, Associate, New York); Dr. Martin Klusmann (Antitrust, Partner, Düsseldorf), Miriam Geiß (Antitrust, Principal Associate, Berlin) and Dr. Ilka Mauelshagen (Antitrust, Associate, Berlin); and Aimen Mir (CFIUS, Partner, Washington, D.C.).

ENDS

Notes to editors:

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For more information contact: 

In the US

Nicholle Romero
Nicholle.romero@freshfields.com
+1 212 284 4987

In the UK

Violet Wanda
Violet.wanda@freshfields.com
+44 20 7427 3549

In Continental Europe

Rolf Benders
Rolf.benders@freshfields.com
+49 69 27308 812