ANALYSIS-UK MOTOR FINANCE RULING COULD FUEL M&A
https://media.zenfs.com/en/reuters-finance.com/801d98e2d9d7aef42e3dd1aa77f9dcf3
✍️ The UK's Supreme Court ruling on car loan sales practices may lead to a wave of consolidation in the sector, with private equity firms potentially selling their car finance companies.
👉 The Supreme Court ruling may lead to a wave of consolidation in the car finance sector. 👉 Private equity firms may sell their car finance companies, potentially triggering a surge in dealmaking. 👉 The estimated compensation bill for car finance companies has been reduced to potentially less than half the initial £30 billion estimate. 👉 The ruling has provided clarity for private equity firms, allowing them to prepare their car finance companies for sale. 👉 Potential buyers include bigger banks, private equity funds, and private credit funds.
-- #CharlieConchie #HyderJumabhoy #ElliotReader #AntonyWalsh #BenjaminToms #London #UnitedKingdom #business
Loading quoted post…
