Mattos Filho assists Aramco in acquisition of interest from Renault and Geely
Mattos Filho has advised Saudi Arabian Oil Company (Aramco), through a wholly owned subsidiary, on the signing of definitive agreements to acquire a 10% equity interest in Horse Powertrain Limited.
As a result, Aramco will acquire a 10% stake in Horse Powertrain Limited in equal parts from Renault Group and Geely, which will each retain a 45% stake.
This transaction was valued at €7,400,000,000.00. A&O Shearman coordinated the transaction.
Advice was provided from a Brazilian law perspective, particularly in relation to aspects of its subsidiary Borda do Campo Motores.
Mattos Filho’s team was led by partner Victor Gelli Cavalcanti (pictured), with support from associates Rosane Marques Rosado Carmona and Luiza Leão Lima.