Element Financial's PHH Arval Acquisition Story Thread

PHH Arval Transitions to Element Fleet Management

Trade publication Automotive Fleet reported the go-to-market name for PHH Arval will transition to Element Fleet Management by the end of 2014. read more

Element Closes PHH Arval Acquisition

Element Financial said it has closed its acquisition of the assets and operations of PHH Arval for a purchase price of $1.4 billion. The acquisition increases Element’s total assets to $10.0 billion. read more

Element Financial Acquires PHH Arval in $1.4B Deal

Element Financial announced it entered into an agreement to acquire the assets and operations of PHH Arval for $1.4 billion in an all-cash transaction. read more

Reuters: Element Financial in Talks to Buy PHH Arval

Reuters reported that Element Financial is in exclusive talks to buy PHH’s fleet leasing business for about $1.35 billion in cash. read more

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