Worldwide news

27Oct

Societe Generale and ALD holding discussions with LeasePlan and its shareholders concerning a potential combination

Societe Generale and ALD holding discussions with LeasePlan and its shareholders concerning a potential combination

Societe Generale and ALD inform that they are holding discussions with LeasePlan and its shareholders concerning a potential combination of ALD and LeasePlan to create a global mobility leader.

There can be no certainty at this stage that these discussions will result in any agreement or transaction(1).

Further announcements will be made when appropriate according to applicable laws.
 

(1) The potential transaction would be subject to various conditions precedent, including receipt of all necessary regulatory approvals and the receipt of a waiver to the obligation to file a mandatory offer on ALD (the transaction, if any, would consequently not result in an offer on ALD)

 

Read the PR