Deutsche Bank drives hard bargain as TSB set to sell car leasing business

Permanent TSB is on schedule to sell its car-leasing business by the end of November. The division will be sold at a discount, with the price in the range of a “few hundred million” euro, according to a source close to the company.

Deutsche Bank drives hard bargain as TSB set to sell car leasing business
Thu, 18 Oct, 2012 - 01:00
John Walsh, Business Correspondent

The buyer is believed to be Deutsche Bank.

Permanent TSB and Deutsche Bank both declined to comment.

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