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Leaseplan Corporation, the global fleet management and driver mobility company, has entered into discussions regarding the potential divestment and sale of the company.
A Leaseplan statement said: "Leaseplan emphasises that the discussions are still in progress and may or may not result in an agreement.
"Any transaction and any change of ownership of Leaseplan Corporation will be subject to regulatory and competition authorities' approval."
BusinessCar contacted Leaseplan for further details on how the sale could potentially affect its UK operations, but the company declined to comment further at this stage.
According to the Wall Street Journal, Volkswagen, which is a 50% stake shareholder of Leaseplan, is looking to offload its share.
The other 50% is owned by German private banker Friedrich von Metzler.
A consortium led by VW acquired Leasplan in 2004 from Dutch bank ABN Amro in a £2bn deal.
Von Metzler acquired his stake from two co-investors in 2009.
Leasplan UK is the second largest leasing company in the UK and grew its fleet size by 4.1% to 139,698 vehicles last year.
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