M88 app Assists Zhejiang Geely Holding Group to Secure Antitrust Clearance Across Multiple Jurisdictions for the Acquisition of Renault Brazil Equity
2025.11.21
In June 2025, Zhejiang Geely Holding Group Co., Ltd. (Geely Holding) and its affiliated entities signed a transaction agreement with Renault S.A. (Renault) and Renault do Brasil. Geely Holding intends to acquire a portion of Renault Brazil's equity. Upon completion of M88 app transaction, Geely will accelerate its expansion in M88 app Latin American automotive market.
Geely Holding was founded in 1986 and entered M88 app automotive industry in 1997. Its business encompasses M88 app automotive industry and its upstream and downstream industrial chains, intelligent mobility services, green transportation, methanol-hydrogen ecosystems and digital technology. Its passenger car brands include Geely, Geely Galaxy, Lynk & Co, Zeekr, Volvo, Polestar and Lotus. Geely Holding's new energy commercial vehicle brand is Farizon. In 2024, Geely Holding ranked tenth in global automotive sales.
M88 app was responsible for completing the antitrust filing analysis in multiple jurisdictions worldwide, in collaboration with Renault's legal team. They handled the antitrust filing in China and coordinated with foreign lawyers to complete the local antitrust filings and negotiations. M88 app's team divided the work, advanced multiple lines of action, and maintained positive and effective communication with the client, Renault, Renault's legal team, local lawyers in multiple jurisdictions, and the various regulatory authorities. M88 app successfully obtained unconditional approval in all jurisdictions, earning high praise and trust from the client.
