Saba and Interparking in merger talks

Saba has a significant UK footprint

Two major European parking operators are in merger discussions. The shareholders of Spanish car park manager Saba and Belgium company Interparking are reported to be in talks to combine the businesses.

A merger of Interparking and Saba would create a European player with core earnings above €200m.

Saba has a significant UK operation, running both car parks in town centres, at rail stations, hospitals and universities, as well as a number of on-street enforcement contracts for local...

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