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Börse Express – Sixt is negotiating the sale of its leasing subsidiary

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The car rental company Sixt could
from his daughter Sixt, which was floated on the stock exchange in 2015
leasing separate. The company confirmed on
Wednesday that it is negotiating a sale of the
remaining stake. The potential buyer is
Hyundai Capital Bank Europe, a joint venture of the
Automaker Hyundai and Bank Santander , the
So far, the main focus has been on financing and leasing cars
Hyundai and Kia brands operated.

Sixt currently still holds 41.9 percent of its former
Leasing division. According to the company, the sales price is 18
Euros plus the dividend not yet decided for the past
Planned fiscal year. That would probably correspond to a sum
of around 160 million euros. A final decision on
the sale has not yet been made, emphasizes Sixt./ruc/DP/jha

 ISIN  ES0113900J37  KR7005380001  DE0007231326  DE000A0DPRE6

AXC0219 2020-02-19 / 13:08

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