PEMA GmbH currently manages a fleet of around 19,000 vehicles in seven countries in Europe *. This
transaction is expected to have a positive impact on the Group's CET1 ratio of around 2 basis points.
The transaction will also have a negative impact of EUR 43 million on the Group's second quarter 2019
results, due to goodwill and fixed asset impairments in application of IFRS 5.
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The company has not participated in any projects.
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Societe Generale announces the signing of an agreement to sell PEMA GmbH, a truck and trailer rental company to TIP Trailer Services, a company specialized in operational leasing of transportation equ...
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