General Electric lifted its selldown to $US63 billion in 3 months when it announced the disposal of vehicle fleet finance & management businesses in 4 countries yesterday.
GE
Canadian fund buys GE Capital unit
The Canada Pension Plan Investment Board will buy Antares Capital from GE Capital for $US12 billion.
GE takes over Wizard
GE Money Australia & New Zealand has bought the Australian Financial Investments Group (AFIG) for about $A400 million. Its assets include the Wizard Home Loans brand & distribution network, and AMS, Australia’s largest wholesale mortgage funder. Publishing & Broadcasting Ltd, the media company controlled by Kerry Packer, said it would make an $A58 million one-off […]
