Hyundai Capital Pursues Acquisition of Stake in European Leasing Company
[Asia Economy Reporter Ki Ha-young] Hyundai Capital's German financial subsidiary, Hyundai Capital Bank Europe (HCBE), announced on the 20th that it is pursuing the acquisition of shares in a European leasing company.
Hyundai Capital Bank Europe is negotiating to acquire shares of Sixt Leasing SE, which is owned by the German car rental company Sixt SE.
Sixt Leasing is a major leasing company in Europe, providing customized mobility solutions for individual and corporate customers based on an online platform. The acquisition price considered so far is 18 euros per share, and dividends for Sixt Leasing's 2019 performance will also be paid.
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A Hyundai Capital official stated, "No final decision has been made regarding the share acquisition yet," and added, "Additional announcements will be made at an appropriate time."
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