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Hyundai Capital Seeking to Take Over Stake in European Leasing Company
For Getting Customized Mobility Solutions
Hyundai Capital Seeking to Take Over Stake in European Leasing Company
  • By Michael Herh
  • February 21, 2020, 18:42
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Hyundai Capital Bank Europe GmbH (HCBE), a German financial subsidiary of Hyundai Capital, said on Feb. 20 that it is pushing forward with the acquisition of a stake in a European lease company.

HCBE is in talks to acquire a stake in Sixt Leasing SE owned by German car rental company Sixt SE.

Sixt Leasing, a leading leasing company in Europe, offers customized mobility solutions for individual and corporate customers on an online platform.

The acquisition price so far considered is EUR18 per share, and dividends will be paid in accordance the business performances of Sixt Leasing in 2019. The final decision on the acquisition has not yet been made and additional announcements will be made at appropriate times.