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Leasys, a joint venture between Stellantis and Crédit Agricole Consumer Finance, has finalized the acquisition of ALD Automotive's activities in Portugal and LeasePlan's activities in Luxembourg, adding around 30,000 vehicles to its fleet.
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.