Credit Agricole offers to buy auto leasing company Olinn for 100 million euros - Les Echos


FILE PHOTO: A woman walks past a Credit Agricole logo outside a bank office in Reze near Nantes, France, May 12, 2021. REUTERS/Stephane Mahe

PARIS (Reuters) - French bank Credit Agricole has offered 100 million euros ($117 million) to acquire auto leasing and computer equipment company Olinn, business daily Les Echos reported on Sunday.

Olinn has annual revenues of 175 milion euros and serves 5,300 clients in Europe helping them finance their computer equipment, mobile phones, medical equipment and manage their fleet.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Apple chooses Google's Gemini AI to power Siri
China unveils world’s first timekeeping software for the moon, where clocks tick faster
Hong Kong strengthens environmental impact reviews with AI, laser-armed robot dogs
Can you optimise love?
Amazon has big hopes for wearable AI -�starting with this US$50 gadget
SK Hynix to invest nearly $13 billion in chip packaging plant in South Korea
Apple, Google strike Gemini deal for revamped Siri in major win for Alphabet
Meta to exclude Italy from rival chatbot ban on WhatsApp
Alphabet hits $4 trillion valuation as AI refocus lifts sentiment
Morocco targets $10 billion AI contribution to GDP by 2030

Others Also Read