Australia's FleetPartners soars after Mitsubishi Motors raises stake

FleetPartners

18/09/2025 03:03

** Shares of vehicle leasing firm FleetPartners FPR.AX rise as much as 9.8% to A$3.03, its biggest intraday pct gain since mid-November 2024

** Co says Japanese automobile giant Mitsubishi Motors Corporation 7211.T increases holding to 19.93% at purchase price of A$3.10 per share

** Purchase price represents a 12.3% premium to co's last closing price

** YTD, shares up 10%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((nichiket.sunil@thomsonreuters.com))