Paul, Weiss is advising General Motors Co. in its $2.1 billion acquisition of SoftBank Vision Fund 1’s equity ownership stake in Cruise, GM’s self-driving electric car maker subsidiary, and in GM’s separate, additional $1.35 billion investment in Cruise, replacing a previous commitment made by the SoftBank fund in 2018.
Since GM acquired a majority ownership stake of the company in 2016, Cruise, a leading manufacturer of the world’s most advanced self-driving, all-electric, shared vehicles, has made self-driving cars a reality and is a leader on the pathway to commercial autonomous ridesharing and delivery.
The Paul, Weiss team includes, among others, corporate partners Steven Williams, Scott Barshay and John Kennedy, and counsel Patricia Vaz de Almeida; executive compensation partner Jean McLoughlin and counsel Cynthia Akard; intellectual property partner Jonathan Ashtor; tax partners Jeffrey Samuels, Robert Holo and Robert Killip, and counsel Alyssa Wolpin; and antitrust counsel Marta Kelly.
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September 12, 2025