US EditionBNP Said to Be in Advanced Talks for Mercedes-Benz’s Leasing Arm
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In 2016, Mercedes acquired the fleet management subsidiary from the Dutch Rabobank and intended to integrate the full-service leasing company into its own fleet management. The potential buyer, BNP Paribas, is already active in the leasing business.
With the 400,000 vehicles of the subsidiary of the car manufacturer, Arval, the specialized entity of the French bank, would boost its development. But other candidates would be interested in the subsidiary of the German group, valued about one billion euros.
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