Leaseplan Corporation, the global fleet management and driver mobility company, has entered into discussions regarding the potential divestment and sale of the company.<\/p>\n
A Leaseplan statement said: “Leaseplan emphasises that the discussions are still in progress and may or may not result in an agreement.<\/p>\n
“Any transaction and any change of ownership of Leaseplan Corporation will be subject to regulatory and competition authorities’ approval.”<\/p>\n
\u00a0BusinessCar contacted Leaseplan for further details on how the sale could potentially affect its UK operations, but the company declined to comment further at this stage.<\/div>\n
According to the Wall Street Journal, Volkswagen, which is a 50% stake shareholder of Leaseplan, is looking to offload its share.<\/p>\n
The other 50% is owned by German private banker Friedrich von Metzler.<\/p>\n
A consortium led by VW acquired Leasplan in 2004 from Dutch bank ABN Amro in a \u00a32bn deal.<\/p>\n
Von Metzler acquired his stake from two co-investors in 2009.<\/p>\n
Leasplan UK is the second largest leasing company in the UK and grew its fleet size by 4.1% to 139,698 vehicles last year.<\/p>\n","protected":false},"excerpt":{"rendered":"
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