Fleet News

'No comment' on Newcourt move

FINANCIAL giants Deutsche Bank and Newcourt Credit have refused to comment on speculation that Newcourt is poised to take control of the German bank's leasing operation.

The deal would create a leading global asset finance business, and have major ramifications for the UK fleet industry. Newcourt has its own leasing and fleet management company in this country, called Newcourt Automotive services, while Deutsche Bank has just acquired BCH Vehicle Management.

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