BNP Paribas to buy 80% stake in Avis' s U.K. unit

Article Abstract:

BNP Paribas SA will acquire Avis Group Holdings Inc.'s car fleet management operations in the UK. BNP will acquire the unit for $800 million (838.6 million euros).

United Kingdom, Automotive Rentals, No Drivers, Motor Vehicle Rent & Lease, Automotive Equipment Rental and Leasing, Lease and rental services industry, Lease and rental services, Avis Group Holdings Inc.

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BNP Paribas plans to buy out Cobepa; French bank would shift company's focus

Article Abstract:

The article discusses the announcement made by BNP Paribas SA that it will purchase the 41.3% share it does not already own in Cobepa SA with the intent of some day shifting the Belgian investment firm's focus to private equity.

Brief Article

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BNP Paribas offers Cobepa buyout, plans strategy shift

Article Abstract:

BNP Paribas plans to shift the business of Cobepa to private equity and offers to buy out any minority shareholders who disagree with the move.

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