Element submits A$820 million proposal to buy FleetPartners
The nonbinding proposal offers A$3.80 per share in cash, rising to A$4.00 if FleetPartners agrees to exclusivity by Aug. 11, 2026
Element Fleet Management Corp. said it submitted a nonbinding indicative proposal to buy FleetPartners Group Ltd. for A$3.80 per share in cash, valuing FleetPartners at about A$820 million.
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