Article: Avis Group Holdings and BNP Paribas Group Complete Joint Venture Agreement.

Resulting Partnership to Begin in August Will Add to Top Line Growth, Leverage Core Competencies of Fleet Management and Information-Based Solutions

And Broaden Global Scope

GARDEN CITY, N.Y. and PARIS, July 3 /PRNewswire/ --

Avis Group Holdings, Inc. and BNP Paribas Group announced today that they have signed a definitive agreement to establish a dynamic global joint venture. The Alliance will create one of the world's leading vehicle management solutions brands in North America and Europe. The closing of the transaction is subject to European regulatory approval.

This new relationship builds on the transatlantic cross-selling ...

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