Street Talk

SG Fleet’s investor LeasePlan seeks exit via $30m block trade

Sarah Thompson, Kanika Sood and Emma Rapaport

Feb 20, 2024 – 5.06pm

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SG Fleet Group’s second-largest shareholder, LeasePlan Corporation, sent out JPMorgan to seek buyers for a circa $30 million stake after Tuesday’s closing bell.

JPMorgan launched an SG Fleet block trade after market close on Tuesday. Heath Missen

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com