BNP Paribas's Vehicle-Leasing Business in Talks to Buy Mercedes-Benz Leasing Unit

Core Insights - A potential deal would merge Arval's fleet of 1.9 million vehicles with Mercedes-Benz's Athlon unit, resulting in a combined fleet of approximately 2.3 million vehicles [1] Company Summary - Arval currently operates a fleet of 1.9 million vehicles [1] - Mercedes-Benz's Athlon unit is involved in the deal, indicating a strategic move within the automotive leasing sector [1] Industry Summary - The merger would create a significant player in the vehicle leasing market with a total of around 2.3 million vehicles, enhancing competitive positioning [1]