BOQ linked to FleetPlus

FleetPLus, a privately-held leasing firm, is on the market and one of the potential buyers is Bank of Queensland, the Financial Review reports in its Street Talk column.

The AFR reports that FleetPlus earned a pre-tax profit of A$20 million in the last year and is aiming for a profit of $26 million next year. The firm does not file accounts with ASIC.

Bank of Queensland said at its investor briefing last week that it was looking at two or three potential acquisitions in the finance company space.