1 July 2016

Rabobank and DLL sell Athlon Car Lease to Daimler AG for EUR 1.1 billion

De Brauw Blackstone Westbroek has advised Rabobank and its subsidiary DLL on selling their mobility solutions entity Athlon Car Lease International, including all its subsidiaries, to Mercedes-Benz Financial Services Nederland, a part of the Daimler Financial Services global network.

The sale transaction is expected to be completed by the end of 2016, once all required approvals and consents have been obtained from the necessary regulatory authorities and other relevant bodies. The consideration for the shares amounts to EUR 1.1 billion.

Click here to read Rabobank’s press release.

Arne Grimme (lead partner), Ferdinand Hengst and their team acted as lead counsel to Rabobank and DLL.