LeasePlan blows ipo af

LeasePlan blows its planned ipo because of the poor conditions on the stock markets

Last week, it announced that LeasePlan within a few weeks to the stock exchanges in Amsterdam and Brussels, want to go, absent unforeseen circumstances. Ceo Tex Gunning said that now is the right moment to get into the stock market. The prospectus would, in the short term be released outside, with more details.

A spokeswoman for LeasePlan wanted to request, do not say anything about the future plans of the company, but declared that "volatility (fluctuations, ed.) on the stock market is never a good thing". Incidentally, would LeasePlan in the spring is also a plan for an ipo has been suspended.

It was founded in 1963, LeasePlan is one of the largest leasing companies in the world, with an annual turnover of thick 9 billion euros and 1.8 million cars in more than thirty countries. The company was in the past a number of years in the hands of, among others, ABN AMRO and Volkswagen, then in 2016 was taken over by a consortium with, among others, pension administrator PGGM.

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