AM Online

Search on for CT purchaser

Goldman Sachs has been appointed by Standard Chartered to help find a buyer for Chartered Trust. A number of approaches have been made and a likely purchase price would be up to £700m.

Included with the consumer finance and contract hire business would be its ACL Autolease and Motorent subsidiaries.

Standard Chartered is concentrating on emerging markets and hopes to find a buyer interested in expansion within Europe.

If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.

Login to comment

Comments

No comments have been made yet.