Volkswagen AG acquired an unknown stake in 24M Technologies, Inc. from North Bridge Venture Partners, SPARX Group Co., Ltd. and Koch Strategic Platforms, LLC.
December 07, 2021
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Volkswagen AG (XTRA:VOW3) acquired an unknown stake in 24M Technologies, Inc. from North Bridge Venture Partners, SPARX Group Co., Ltd. (TSE:8739) and Koch Strategic Platforms, LLC on December 8, 2021. As part of the partnership, VWAG will make a strategic investment into 24M. Paul Tiger, Andrea Merediz Basham, Mena Kaplan, Lori Goodman, Aimen Mir and Claude Stansbury from Freshfields Bruckhaus Deringer US LLP acted as legal advisor to Volkswagen AG.
Volkswagen AG (XTRA:VOW3) completed the acquisition of an unknown stake in 24M Technologies, Inc. from North Bridge Venture Partners, SPARX Group Co., Ltd. (TSE:8739) and Koch Strategic Platforms, LLC on December 8, 2021.
SPARX Group Co., Ltd. is a Japan-based holding company mainly engaged in the asset management business. The Company is engaged in the asset management business for clients, including corporate pension annuities, government entities, private and trust banks and public pension funds; the provision of investment advisory services; the operation of mutual fund business, which includes the provision of various mutual funds to financial institutions and individual investors directly or through brokerage houses, banks and other intermediaries in Japan, Europe and the United States, as well as the securities business, including the provision of advisory services for investors. Through its subsidiaries, the Company is also engaged in the research and operation of foreign stocks, including Japanese, Korean and other Asian stocks.
Volkswagen AG acquired an unknown stake in 24M Technologies, Inc. from North Bridge Venture Partners, SPARX Group Co., Ltd. and Koch Strategic Platforms, LLC.