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FleetPartners Shares Gain After Element Fleet Walks Away From Takeover Bid
Source: Nasdaq
M&A & RestructuringTransportation & LogisticsAutomotive & EV
Element Fleet Management decided not to submit a revised acquisition proposal for FleetPartners Group, an Australia and New Zealand fleet-management company. The withdrawal ends Element's pursuit of the transaction and removes a potential expansion avenue in the ANZ fleet-management market.
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