The owners of LeasePlan Corporation are looking to offload the fleet management and leasing company.

LeasePlan said that Volkswagen and German private banker Friedrich von Metzler, who both a have a 50% stake in the company through Global Mobility Holding BV, are in talks about a potential ‘divestment’.

The Dutch company said the talks “may or may not result in an agreement”, without providing further details.

A consortium led by Volkswagen bought LeasePlan in 2004 from Dutch bank ABN Amro in a deal worth €2 billion. Metzler joined in 2009 after acquiring a remaining 50% stake from two co-investors from Saudi Arabia and Abu Dhabi.

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