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BMW and Daimler receive EU approval for mobility services joint venture · Endata

◂ Announcements

Nov 9, 2018ACQUISITIONGermany

BMW and Daimler receive EU approval for mobility services joint venture

The European Commission approved the merger of BMW Group and Daimler AG's mobility services business units into a 50:50 joint venture, covering on-demand mobility, car sharing, ride-hailing, parking, and charging.

Status

Announced

Productsmobility servicescar sharingride-hailingparkingcharging

CompaniesDaimler partner BMW partner

“The European Commission has approved the merger of BMW Group and Daimler AG's mobility services business units, subject to conditions.”fleetnews.co.uk

1 source
fleetnews.co.ukBMW-Daimler mobility services merger gets green light in Europe | Fleet NewsSarah ToozeNov 9, 2018

Summarized from public sources; check the original articles before acting on it.

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