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Netherlands: BMW acquires ING Car Lease

BMW has announced that it will acquire ING Car Lease for €637m (US$904m) through its multi-brand fleet management division Alphabet. ING Car Lease is a division of the Dutch company ING Groep N.V. The transaction is expected to close in the fourth quarter of 2011, subject to regulatory approvals. “In the It’s time to log … Continued

BMW has announced that it will acquire ING Car Lease for €637m (US$904m) through its multi-brand fleet management division Alphabet. ING Car Lease is a division of the Dutch company ING Groep N.V. The transaction is expected to close in the fourth quarter of 2011, subject to regulatory approvals.

“In the

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