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News 2026-09-14 00:46 UTC

SG Fleet, ORIX, Sumitomo raise bids for Australia's FleetPartners

Australia's FleetPartners ASX:FPR said on Monday it had received revised offers from SG Fleet, Japan's ORIX TSE:8591 and a consortium led by Sumitomo Corp TSE:8053, valuing the vehicle leasing firm at up to A$982.1 million ($702.2 million).FleetPartners' stock jumped nearly 12% to a record high of…