Binder Grösswang | View firm profile
10 January 2025 – Binder Grösswang advised Aptiv PLC, together with the global law firm Clifford Chance, on the sale of Aptiv’s equity share in TTTech Auto AG to the Dutch chipmaker NXP Semiconductors NV.
TTTech Auto is a leading provider of platform products and services focusing on system safety and security for the software-defined vehicle (4SDV) and is headquartered in Vienna.
The USD 625 million transaction is subject to customary closing conditions.
The Clifford Chance team for Aptiv was led by partner Mark Aschenbrenner and included partner Volkmar Bruckner and associate Mona Fuchs (all Corporate/Private Equity, Munich).
The Binder Grösswang team consisted of partner Thomas Schirmer, senior associate Christoph Schober and associate Michael Mittermair (Corporate/M&A).
About Binder Grösswang
As one of the leading Austrian commercial law firms with a strong international focus, Binder Grösswang has been advising on all questions of commercial law for more than 60 years. Binder Grösswang employs more than 190 people in Vienna and Innsbruck. The law firm advises well-known national and international companies from all sectors.
International legal directories such as Juve, Chambers, The Legal 500 and IFLR 1000 regularly award top ratings to Binder Grösswang in all practice areas. These honours include international prizes such as the The Lawyer Law Firm of the Year Austria Award, Chambers Europe Austrian Law Firm of the Year Award and the IFLR European Law Firm of the Year Award.