The Financial Post reports on October 31, 2017, edition that unnamed sources say Element Fleet Management Corp. (TSX:EFN) under pressure from activist investors, has attracted takeover interest from private equity firms. A Bloomberg dispatch to The Globe reports that sources say several buyout firms are considering bidding to take Element private and have made informal proposals. Sources say no final decisions have been made and it is not clear whether the Toronto-based commercial vehicle and equipment leaser is running a formal sale process. Sources say Element is working with advisers to defend itself against its activist investors.