BNP Said to Be in Advanced Talks for Mercedes-Benz's Leasing Arm
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BNP Paribas SA is in advanced talks to acquire Mercedes-Benz Group AG's leasing unit Athlon, according to people familiar with the matter.
The deal could value the business at about €1 billion ($1.2 billion), one of the people said, asking not to be identified because the negotiations are private. Deliberations are still ongoing and there's no certainty they will lead to a transaction, the people said. Other parties have also expressed interest and another buyer could still emerge.
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