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BNP Paribas' Arval in Exclusive Talks to Buy Mercedes-Benz Unit Athlon

MT Newswires·12/18/2025 02:38:31
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02:38 AM EST, 12/18/2025 (MT Newswires) -- BNP Paribas (BNP.PA) said Thursday its vehicle leasing unit Arval is in exclusive discussions with Mercedes-Benz Group (MBG.F) for the purchase of the latter's Athlon. The French lender noted that the potential transaction, which is set to boost its unit's operations and market footprint, is still subject to employee representative consultations. The transaction is slated to close in 2026 after securing regulatory approvals.