FleetPartners Group Limited FPR
ASX · Australia · Finance
AUD 4.660.00 (0.00%)
Market open· · AUD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market open· · AUD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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Element Fleet Management Corp. (TSX: EFN) ("Element" or the "Company"), today announced that it has decided to not submit a revised proposal to acquire FleetPartners Group Limited (ASX: FPR) ("FleetPartners") and has withdrawn from the current sale process.
Element Fleet Management (EFN.TO) over the weekend said it submitted a proposal to acquire FleetPart
Element Fleet Management (TSX:EFN) has submitted a proposal to acquire FleetPartners Group Limited, expanding its presence into Australia and New Zealand. The proposed transaction would bring FleetPartners' Australian and New Zealand fleet operations under Element Fleet Management's corporate umbrella. The bid signals a push by Element Fleet Management to build scale in key Asia Pacific vehicle and equipment leasing markets. For investors watching how larger fleet and equipment finance...
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