GIC-backed LeasePlan plans to seek IPO valuation of up to $8.7b

GIC-backed LeasePlan plans to seek IPO valuation of up to $8.7b

The LeasePlan Corp. logo sits on flags flying outside the car leasing and contract automobile hire company's headquarters in Almere, Netherlands, on Monday, July 27, 2015. Photo: Jasper Juinen/Bloomberg

LeasePlan Corp., Europe’s largest operator of vehicle fleets, plans to seek a valuation of as much as 7.5 billion euros ($8.7 billion) through an initial public offering in Amsterdam, according to a person familiar with the matter.

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