The intended joint venture between VR-LEASING AG, the German financial services group, headquartered in Eschborn, and Italian Banca Italease will not be put into practice. As stated Reinhard Gödel, Chairman of the VR LEASING executive board, the reason is that due to the difficult market environment, VR LEASING will not proceed with the joint venture despite satisfactory results of due diligence. "We have come to the conclusion that a joint venture currently cannot be put into practice", said Gödel.
Banca Italease, company listed on Milan Stock Exchange, is a leading Italian player in the specialty financial services sector, particularly
Banca Italease, company listed on Milan Stock Exchange, is a leading Italian player in the specialty financial services sector, particularly
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