CA Personal Finance & Mobility to acquire a 50% stake in the leasing unit of GAC Group.

CA Personal Finance & Mobility, a consumer finance and mobility provider, agreed to acquire a 50% stake in the leasing unit of GAC Group, a large-scale joint-stock automobile enterprise group. Financial terms were not disclosed. "This transaction reaffirms the importance of our long-standing partnership with GAC group. It will enable us to support together and over the long term the development of the particularly dynamic electric automobile market in China," Stephane Priami, Crédit Agricole Personal Finance & Mobility CEO.