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Abreu advises Lyft on €175M Freenow acquisition
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Abreu advises Lyft on €175M Freenow acquisition
Lyft, a US ride-hailing service, has announced the acquisition of 100% of the shares of Intelligent Apps GmbH (Target), the company responsible for the operations of FreeNow, a taxi and TVDE booking platform based in Germany, as reported by Legal Community Germany (click to read). The acquisition value amounted to €175 million. This transaction was led by Baker & McKenzie, with support by Abreu Advogados in Portugal, that advised the buyer’s sid…
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