FleetPartners Group Completes Acquisition of Novated Lease Provider

MT Newswires Live
Dec 08

FleetPartners Group (ASX:FPR) has completed the acquisition of Remunerator, according to a Monday Australian bourse filing.

On Nov. 16, the company said it will acquire the salary packaging platform and novated lease provider for an upfront payment of AU$31.4 million and up to AU$8.6 million in deferred and contingent payments.

Shares of the company rose 1% in recent Monday trade.

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