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BNP Paribas's Vehicle-Leasing Business in Talks to Buy Mercedes-Benz Leasing Unit
WSJ· 2025-12-18 15:56
A deal would see Arval's fleet of 1.9 million vehicles combine with Mercedes-Benz unit Athlon to create a business with around 2.3 million vehicles. ...
BNP PARIBAS: BUILDING THE EUROPEAN CO-LEADER IN FULL-SERVICE VEHICLE LEASING EXCLUSIVE NEGOTIATIONS BETWEEN ARVAL AND MERCEDES-BENZ GROUP FOR THE ACQUISITION OF ATHLON
Globenewswire· 2025-12-18 15:01
BUILDING THE EUROPEAN CO-LEADER IN FULL-SERVICE VEHICLE LEASING EXCLUSIVE NEGOTIATIONS BETWEEN ARVAL AND MERCEDES-BENZ GROUP FOR THE ACQUISITION OF ATHLON PRESS RELEASE Paris, 18 December 2025 With a fleet of 1.9 million vehicles under full-service leasing and the strongest growth momentum in the market as well as the highest quality of service – achieving an average annual increase of more than 100,000 units over the past three years – Arval, together with Athlon, would create a combined entity of close t ...
Ayvens’ net income group share surges 85.9% in Q3 2025
Yahoo Finance· 2025-11-03 22:49
Ayvens has reported a net income group share of €273m ($314.9m) for the third quarter (Q3) of 2025, an increase of 85.9% compared to the same quarter last year. The company cited higher margins, relatively steady used vehicle performance, and reduce operating costs as main contributors to the results. Gross operating income for Q3 totalled €851m, marking a 17.6% rise from the same period last year. The company’s combined leasing and services margins reached €776m, up 20.1% year-on-year. Its diluted ear ...
GKL Leasing acquires Total Motion for undisclosed amount
Yahoo Finance· 2025-10-28 00:23
URA Ventures Limited, trading as GKL Leasing, has acquired 100 per cent of the shares in Total Motion Limited (TML), effective 22 October 2025, for an undisclosed amount. Both companies are authorised by the Financial Conduct Authority for regulated activities. The deal establishes a partnership between two family-owned vehicle leasing businesses. According to GKL, the arrangement will allow both firms to “benefit from the best practices of each” while maintaining a focus on customer relationships and ser ...
EnjoyGo Technology Limited(H0096) - Application Proof (1st submission)
2025-10-28 00:00
The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Application Proof, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Application Proof. Application Proof of EnjoyGo Technology Limited 享道出行(上海)科技股份有限公司 (the "Company") (A joint stock limited company incorporated in the Peop ...
ALD Automotive hit with fine for ‘unfair’ practices in Italy
Yahoo Finance· 2025-10-10 21:46
The Italian Competition Authority has levied a fine of €5m ($5.8m) against ALD Automotive, a global long-term car leasing company. The penalty comes as a result of the company's reportedly unfair commercial practices related to the handling of customer charges for vehicle damage during the rental period. ALD Automotive, a subsidiary of the Société Générale Group since 2001, has been deemed to provide consumers with incomplete and unclear information about an optional paid service. This service, which a ...