On Friday 25 November, the European Commission authorised the proposed acquisition of LeasePlan by ALD, subject to conditions.
ALD (a French company) and LeasePlan (Netherlands) are leading providers of operational leasing and related management services in the European Economic Area (‘EEA’). The two companies are competitors, among other things, in the provision of operational leasing services to large companies that typically need many vehicles in several EEA countries. In an...