Element Withdraws Proposal To Acquire Fleetpartners Group

By Reuters News

- Element Fleet Management Corp. EFN.TO:

  • ELEMENT WITHDRAWS PROPOSAL TO ACQUIRE FLEETPARTNERS GROUP

  • ELEMENT- CONTINUING IN COMPETITIVE PROCESS DID NOT PROVIDE CERTAIN PATHWAY TO TRANSACTION THAT COULD DELIVER COMPELLING RISK-ADJUSTED RETURN

  • ELEMENT- DECISION TO WITHDRAW FROM FLEETPARTNERS PROCESS DOES NOT AFFECT ELEMENT'S EXISTING OPERATIONS, FINANCIAL GUIDANCE

Further company coverage: EFN.TO

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk