Announced
Completed
Financials
Tags
Friendly
motorsport
Cross Border
Acquisition
Recreational Services
Switzerland
Private
Single Bidder
Completed
Minority
Synopsis
Audi, an automobile company, completed the acquisition of a minority stake in Sauber Motorsport, a Swiss motorsport engineering company. Financial terms were not disclosed. “Audi is the best strategic partner for the Sauber Group. It is clear that we share values and a vision, and we look forward to achieving our common goals in a strong and successful partnership," Finn Rausing, Sauber Chairman.
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