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Consortium close to LeasePlan deal

As reported by the Wall Street Journal, a sale by Volkswagen AG and private bank Friedrich von Metzler could be announced as early as next week.

The interested parties are said to include TDR and several pension funds, including Dutch PGGM.

Earlier this week LeasePlan Corporation announced that its 100% shareholder Global Mobility Holding BV has entered into discussions regarding the potential divestment of LeasePlan Corporation NV.

In a statement, the company said: “LeasePlan emphasises that the discussions are still in progress and may or may not result in an agreement. LeasePlan will refrain from giving further comment at this stage.”

It added: “As a financial institution with a Dutch banking license LeasePlan acts under the supervision of the Dutch Central Bank (DNB) and the Netherlands Authority for Financial Markets (AFM). Any transaction and any change of ownership of LeasePlan Corporation will be subject to regulatory and competition authorities’ approval.”

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.

Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news.

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