FleetPartners takeover battle intensifies

ASX-listed FleetPartners Group has received three revised takeover proposals valuing the Australian fleet management and leasing company at up to A$993.4 million (NZ$1.23b), while Canadian bidder Element Fleet Management has withdrawn from the sale process. Japan-based ORIX Corporation and a Japanese consortium comprising Sumitomo Corporation and Sumitomo Mitsui Auto Service have each offered A$4.65 per […]
The post FleetPartners takeover battle intensifies appeared first on Autotalk.