LeasePlan pulls Amsterdam IPO amid global market sell-off

Leaseplan logo company press site 230x150
By Aidan Gregory
11 Oct 2018

LeasePlan, the Dutch car leasing company, abruptly pulled its planned €1bn-plus IPO on Thursday as global equity markets plunged into a sea of red.

In a statement on Thursday morning, LeasePlan, which is owned by a consortium of investors that includes GIC and the Abu Dhabi Investment Authority, said it had decided not to proceed with its flotation due to market conditions. 

Deutsche BankUBSGoldman Sachs and ING were global co-ordinators, ABN Amro, 

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