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XEROX FINANCIAL SERVICES ANNOUNCES SALE OF U.K. VEHICLE LEASING BUSINESS

XEROX FINANCIAL SERVICES ANNOUNCES SALE OF U.K. VEHICLE LEASING BUSINESS
 STAMFORD, Conn., July 9 /PRNewswire/ -- Xerox Financial Services today announced the sale of the vehicle leasing and fleet management business of Triton Business Finance Limited, Slough, United Kingdom, to Lease Plan UK Limited, part of the ABN AMRO Banking Group.
 Details of the sale were not disclosed.
 The sale is an action resulting from Xerox Corporation's 1990 decision to exit its third party financing and leasing businesses, which were discontinued in 1990.
 Triton has approximately 8,000 vehicles under lease or management. Lease Plan is Europe's largest vehicle leasing and fleet management company, and has 160,000 vehicles.
 -0- 7/9/92
 /CONTACT: Barbara McNear of Xerox Financial Services, 203-968-4499/
 (XRX) CO: Xerox Financial Services; Triton Business Finance Limited;
 Lease Plan UK Limited ST: Connecticut IN: FIN TRN SU:


GK-SH -- NY052 -- 7881 07/09/92 13:34 EDT
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Publication:PR Newswire
Date:Jul 9, 1992
Words:149
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