Lex set for possible private equity buyout--report

Newswire

LONDON, Jan 30 (Reuters) - Britain's biggest car leasing company, Lex, has approached private equity firms about a multibillion pound buyout, the Daily Telegraph reported on Friday without citing sources. The deal would streamline owner Lloyds Banking Group Plc's balance sheet, the newspaper said. The merger of Lloyds TSB and HBOS earlier this month to create Lloyds Banking Group Plc brought together Lloyds' Autolease arm, with 129,000 vehicles, and Lex, the market leader owned by HBOS, ...

Premium Content (PAID Subscription Required)

"Lex set for possible private equity buyout--report" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×