Mergers / Acquisitions

GE Completes Sale of $5.9B UK Home Lending Portfolio

GE completed the previously announced sale of its UK home lending portfolio, valued at $5.9 billion to a consortium of funds managed by Blackstone, TPG Special Situations Partners and CarVal Investors. read more


GE Enters Talks with BFCM for Sale of European Equipment Finance Unit

GE signed a memorandum of understanding for the potential sale of its Equipment Finance and Receivable Finance businesses in France and Germany to Banque Fédérative du Crédit Mutuel (BFCM), representing ending net investment (ENI) of approximately $7.5 billion (€6.6 billion). read more

GE Completes Transportation Finance Sale to BMO

GE completed the previously announced sale of GE Capital, Transportation Finance in the U.S. and Canada, representing $8.9 billion of net earning assets, to BMO Financial Group. read more


FNB Receives Regulatory Approval for Metro Bancorp Merger

F.N.B. Corporation announced the receipt of all required federal regulatory clearances for its proposed merger of Metro Bancorp. read more

MB Financial Acquires American Chartered Bancorp

MB Financial and American Chartered Bancorp announced the signing of an agreement whereby MB Financial will acquire American Chartered, with assets of $2.2 billion, in deal valued at $449 million. read more

Two Bidders Remain for GE’s Japanese Commercial Finance Unit

According to the Wall Street Journal, Sumitomo Mitsui Financial Group and Shinsei Bank are the last two bidders in the running for GE’s roughly $5 billion Japanese commercial finance unit. read more


Triton, TAL Merge Into World’s Largest Intermodal Container Lessor

Triton Container International and TAL International Group have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals transaction. read more

GE Sells A&NZ Lending/Leasing Portfolios to Bain Capital Affiliate

GE said it has reached an agreement to sell GE Capital’s Commercial Lending and Leasing portfolios in Australia and New Zealand to Bain Capital global credit affiliate Sankaty Advisors. read more

Honeywell Acquires COM DEV International’s Satellite Equipment Business

Honeywell signed an agreement to acquire COM DEV International, a satellite and space components provider, for an aggregate purchase price of approximately C$455 million ($345 million). read more

GE Completes Sale of European Fleet Services to Arval

GE has completed the previously announced sale of its European fleet services business, representing aggregate ending net investment (ENI) of approximately $2.8 billion, to Arval. read more


GE Completes Acquisition of Alstom

GE completed the acquisition of Alstom’s power and grid businesses, its largest-ever industrial acquisition. read more


XPO Logistics Closes Deal to Acquire Con-Way

XPO Logistics announced it has closed its previously announced agreement to acquire Con-Way in a deal valued at $3 billion. The transaction makes XPO the second largest LTL provider in North America. read more

KeyCorp Acquires First Niagara for $4.1B

KeyCorp and First Niagara Financial entered into a definitive agreement under which KeyCorp will acquire First Niagara in a cash and stock transaction for total consideration valued at approximately $4.1 billion. read more


GE to Acquire Subsea Intervention Equipment Supplier Advantec

GE Oil & Gas has agreed to acquire Advantec, a provider of subsea intervention equipment and services. The two companies are targeting to complete the transaction by year-end 2015. read more

State Bank Acquires Patriot Capital’s Equipment Finance Group

State Bank purchased the equipment finance origination platform of Patriot Capital. Chris Santy, founder and president of Patriot Capital, will join State Bank as president of the newly created Patriot Finance Division. read more

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