FIAT LEASYS ITALY TAKEOVER LORRY TRUCK LEASING
November 1st, 2005
BY KEITH NUTHALL
THE EUROPEAN Commission has approved the acquisition of sole control by Italy's FIAT over car and lorry leasing company Leasys SpA, which until now has been jointly controlled by the Italian auto manufacturer and electrical group ENEL. The Commission said there are enough competitors in Italy's leasing sector for fleets to have choice after Leasys is 100% controlled by the car giant.
THE EUROPEAN Commission has approved the acquisition of sole control by Italy's FIAT over car and lorry leasing company Leasys SpA, which until now has been jointly controlled by the Italian auto manufacturer and electrical group ENEL. The Commission said there are enough competitors in Italy's leasing sector for fleets to have choice after Leasys is 100% controlled by the car giant.
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