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Announced

Newable to acquire a majority stake in Synergy Automotive.

Synopsis

Newable, a diversified financial services company, agreed to acquire a majority stake in Synergy Automotive, a car leasing company. Financial terms were not disclosed. “Newable is looking to capitalise on market opportunities created by the changing nature of work and the shifting pattern of how users pay to access assets that help them run their businesses and personal lives. Synergy is an exciting addition to our offering within our lending portfolio,” Chris Manson, Newable CEO.

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