(Reuters) – Ayvens, the car leasing unit of the French bank Societe Generale, is drawing interest from investment firms who are studying a potential bid for the company, Bloomberg News reported on Thursday, citing people familiar with the matter.
Blackstone, Brookfield Asset Management and CVC Capital Partners are among the firms interested in a potential deal for Ayvens, the report said, adding the leasing and fleet management company may also attract interest from Japan’s JA Mitsui Leasing.
SocGen, Brookfield and CVC declined to comment on the report, while Blackstone did not immediately respond to a Reuters request for comment.
Ayvens was created when ALD Automotive, a subsidiary majority-owned by French lender SocGen, acquired fleet management and mobility company LeasePlan last year.
The report said a bidder may seek to join SocGen, which according to data compiled by LSEG owns 52.6% of Ayvens, in taking the company private, adding that while deliberations are ongoing, there’s no certainty a deal would go through.
(Reporting by Utkarsh Shetti in Bengaluru; editing by Alan Barona)
