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European Commission clears ALD’s acquisition of LeasePlan, subject to conditions
1 min to readLeasing
ALD has obtained all expected merger control clearances conditioning the completion of the acquisition of LeasePlan. The last clearance was obtained from the European Commission on November 25, 2022. The Commission’s approval is conditional on the divestiture of the subsidiaries of ALD in Portugal, in Ireland and in Norway, and of LeasePlan in the Czech Republic, in Finland and in Luxembourg, to a suitable purchaser with the financial resources, skills, motivation and experience in the leasing industry to develop the competitiveness on a lasting basis and aim for ambitious growth in the markets mentioned.
Link to the European Commission publication:
https://ec.europa.eu/commission/presscorner/detail/en/ip_22_7087
ALD has obtained all expected merger control clearances conditioning the completion of the acquisition of LeasePlan. The last clearance was obtained from the European Commission on November 25, 2022. The Commission’s approval is conditional on the divestiture of the subsidiaries of ALD in Portugal, in Ireland and in Norway, and of LeasePlan in the Czech Republic, in Finland and in Luxembourg, to a suitable purchaser with the financial resources, skills, motivation and experience in the leasing industry to develop the competitiveness on a lasting basis and aim for ambitious growth in the markets mentioned.
Link to the European Commission publication:
https://ec.europa.eu/commission/presscorner/detail/en/ip_22_7087
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November 30, 2022
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