SocGen's ALD unit in talks to combine with competitor Lease Plan


Reuters | Paris | Updated: 27-10-2021 21:57 IST | Created: 27-10-2021 21:57 IST
SocGen's ALD unit in talks to combine with competitor Lease Plan
  • Country:
  • France

French lender Societe Generale said on Wednesday its car leasing unit ALD was holding talks with Lease Plan over a potential combination to create a global leader.

"There can be no certainty at this stage that these discussions will result in any agreement or transaction," Societe General said in a statement.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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