Bloomberg: Element Financial Looks For More After GE Purchase



Element Financial, which announced a $6.9 billion acquisition of GE Capital’s fleet business yesterday, is already on the lookout for additional deals, Bloomberg reports.

Bloomberg said that Element is looking at Donlen, Hertz Global Holdings’ fleet management business and LeasePlan, Volkswagen AG’s Dutch fleet company.

According to Bloomberg, Element is now North America’s largest commercial fleet operater, following the GE deal.

Read the full Bloomberg report here.


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