BMW, Daimler Mobility to Sell PARK NOW JV to EasyPark
March 09 2021 - 7:57AM
Dow Jones News
By Giulia Petroni
BMW AG and Daimler AG's Daimler Mobility division said Tuesday
that they've agreed to sell their joint venture, PARK NOW Group, to
European mobility company EasyPark Group.
The joint venture has a broad portfolio of digital parking
services, both in car parks and on-street, in 11 countries,
according to the car makers.
The parties have agreed not to disclose the terms of the
transaction, which is subject to prior approvals by the relevant
antitrust authorities.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
March 09, 2021 07:42 ET (12:42 GMT)
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