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Credit Agricole offers to buy auto leasing company Olinn for 100 mln euros - Les Echos

Credit Agricole offers to buy auto leasing company Olinn for 100 mln euros - Les Echos

9/26/2021 6:30:00 PM

Credit Agricole offers to buy auto leasing company Olinn for 100 mln euros - Les Echos

French bank Credit Agricole has offered 100 million euros ($117 million) to acquire auto leasing and computer equipment company Olinn, business daily Les Echos reported on Sunday.

1 minute readA woman walks past a Credit Agricole logo outside a bank office in Reze near Nantes, France, May 12, 2021. REUTERS/Stephane MahePARIS, Sept 26 (Reuters) - French bank Credit Agricole(CAGR.PA)has offered 100 million euros ($117 million) to acquire auto leasing and computer equipment company Olinn, business daily Les Echos reported on Sunday.

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Olinn has annual revenues of 175 milion euros and serves 5,300 clients in Europe helping them finance their computer equipment, mobile phones, medical equipment and manage their fleet.($1=0.8537 euros)Reporting by Mathieu Rosemain; Editing by Toby Chopra

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