Germany: BMW finalises Alphabet/ING merger

BMW has finalised the acquisition of ING Car Lease through its multi-brand fleet management division Alphabet. The European competition authorities granted approval for the merger on 23 September. The combined company will operate under the Alphabet name. BMW first announced plans for the acquisition in July this year. Alphabet paid €637m Subscribe to Automotive World … Continued

• By Webmaster
• October 3, 2011