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ALD Automotive signed a memorandum of understanding to acquire 100% of LeasePlan for €4.9 billion. The combined entity, NewALD, aims to leverage growth in mobility services and zero-emission vehicles.
“By combining the multiple strengths of ALD and LeasePlan, gaining size, joining forces in digital and creating a leading provider of sustainable mobility solutions, we would transform our industry.”motorfinanceonline.com
Summarized from public sources; check the original articles before acting on it.