Fleet Finance Sponsored by Auto Finance Fleet Finance News ALD launches a €1.2 billion capital increase Published: 30th November 2022 Share A few days after the European Commission approved ALD’s acquisition of LeasePlan, ALD have announced the launch of a share capital increase with shareholders’ preferential subscription rights for an amount (including issue premium) of approximately €1.2 billion (the ‘Rights Issue’). The principle of the Rights Issue was made public on January 6, 2022 when ALD announced the contemplated strategic acquisition of LeasePlan. The Rights Issue will enable ALD to finance a portion of the acquisition price, which amounts to €4.5 billion. The acquisition is expected to close in Q1 2023 subject to remaining regulatory approvals and other customary closing conditions. Lisa Laverick Editor - Finance Connect Sign up to our newsletter Featured Stories NewsZenobē secures £980m financing to accelerate electric bus roll-out NewsEuropean car market grows 6.8% in April as EV demand accelerates NewsAFIA highlights vital role of non-bank lenders in Australian motor finance Auto Finance Fleet Finance
