Banca Transilvania completes sale of operational leasing unit to Autonom

Banca Transilvania Group (BT Group) [BSE:TLV] said that it has completed the sale of its operational leasing business to local company Autonom for an undisclosed sum, according to SeeNews.com.

With this deal the group exited a minor niche of its activity, launching together with Autonom a partnership that offers the bank customers access to an extensive package of mobility services such as operational leasing, fleet management, roadside assistance, car rental and car rental with driver, BT Group said in a statement filed with the Bucharest Stock Exchange, BVB.

The sale of BT Operational Leasing was announced in early May.

Following the deal, Autonom will have 500 employees, around 5,000 corporate clients and a fleet of over 8,000 vehicles.

Read more HERE

Comments

comments

Leave a Reply

Your email address will not be published. Required fields are marked *

10 + 19 =