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Société Générale Buying Rival LeasePlan for $5.5B

Société Générale Buying Rival LeasePlan for $5.5B

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Société Générale’s Paris-listed car leasing business ALD on Thursday (Jan. 6) announced it is buying TDR Capital-owned rival LeasePlan for 4.9 billion euros ($5.5 billion) in cash and shares to create Europe’s largest car leasing group, according to the Financial Times. The 2 billion euro (almost $2.3 billion) cash portion of the deal will comes […]

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