Norton Rose and Linklaters have advised on BMW’s €700m (£604m) acquisition of ING’s car leasing and fleet management business. The deal, which received competition clearance last month, will see ING Car Lease become part of BMW’s own multi-brand fleet management division, Alphabet, increasing its company car fleet to roughly 540,000, with operations across 16 countries in Europe.
October 12, 2011 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Norton Rose and Linklaters have advised on BMW’s €700m (£604m) acquisition of ING’s car leasing and fleet management business.
The deal, which received competition clearance last month, will see ING Car Lease become part of BMW’s own multi-brand fleet management division, Alphabet, increasing its company car fleet to roughly 540,000, with operations across 16 countries in Europe.
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