Societe Generale SA (XTER:SGE)
€ 25.11 0.11 (0.44%) Market Cap: 19.99 Bil Enterprise Value: 9.62 Bil PE Ratio: 8.52 PB Ratio: 0.31 GF Score: 65/100

ALD SA To Discuss Proposed Acquisition of Leaseplan M&A Call Transcript

Jan 06, 2022 / 07:45AM GMT
Release Date Price: €32.81 (+1.83%)
Operator

Hello, and welcome to the ALD Analyst Call. My name is Jess, and I'll be your coordinator for today's event.

(Operator Instructions)

I will now hand over to your host, Tim Albertsen, CEO of ALD to begin today's call. Thank you.

Tim T. Albertsen
ALD S.A. - CEO & Director

Good morning, ladies and gentlemen, and welcome to this ALD analyst call. Today, my team and I are very excited to present to you the most significant strategic step change in the history of ALD, the acquisition of LeasePlan. We have always considered that the acquisition of LeasePlan would be an amazing opportunity to consolidate the market and create a new global player in sustainable mobility. We believe now is the right time to move and perform this transaction as the transformation of the automotive and mobility sector is advancing at unprecedented pace. This transaction is a fantastic value creation opportunity for our shareholders, clients, partners, employees, and last but not least, for the society.

So let us walk you through it. And although I will be

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