Citing sources familiar with the matter, Bloomberg reported that GE Capital has agreed to sell its private-equity investment group to Ardian for roughly $500 million. read more
SEP 24, 2015 - 8:25 am
GE completed the previously announced sale of its European Sponsor Finance business to Sumitomo Mitsui representing an aggregate ending net investment of approximately $2.1 billion. read more
SEP 17, 2015 - 7:42 am
Bloomberg reported that KKR and Apollo Global Management are seeking to acquire GE’s inventory finance arm, a unit with $11 billion in assets. read more
SEP 14, 2015 - 7:17 am
GE reached an agreement to sell its GE Capital, Transportation Finance business in the U.S. and Canada to BMO Financial Group. The price of the sale was not disclosed, but GE Capital said the business has approximately $9 billion in assets. read more
SEP 11, 2015 - 7:30 am
In another move to reduce the size of its financial business, GE will explore opportunities to sell GE Asset Management (GEAM) to another leading investment management firm. read more
SEP 11, 2015 - 7:17 am
According to the New York Times, there are only three remaining contenders for the final round of the auction for GE Capital’s Australian commercial lending and leasing businesses. read more
SEP 2, 2015 - 7:39 am
According to The Australian, China’s HNA Group and a consortium comprising Deutsche and Sankaty Advisors made it through to the second round of the process to buy GE Capital’s Australian assets. read more
AUG 28, 2015 - 7:29 am
GE said it completed the sale of its U.S. Sponsor Finance business and a bank loan portfolio, representing an aggregate ENI of $10 billion to the CPPIB. GE said the transaction was valued at more than $11 billion. read more
AUG 24, 2015 - 7:03 am
According to The Australian, TPG Capital is expected to bow out of the race for the $2 billion in remaining Australian assets of GE Capital. read more
AUG 19, 2015 - 7:24 am
Moody's Investor Services upgraded GE Capital’s $830 million subordinated notes due September 2035 to A1 from A2, a direct result of the early success of GE’s downgrade plans for its financial arm. read more
AUG 18, 2015 - 7:17 am
GE announced an agreement to sell GE Capital Bank’s U.S. online deposit platform along with all deposits of GE Capital Bank, including online savings accounts, online CDs and brokered CDs, to Goldman Sachs Bank USA. read more
AUG 14, 2015 - 7:16 am
In a transaction valued at approximately $9 billion, Capital One has signed a definitive agreement with GE Capital to acquire its Healthcare Finance unit. read more
AUG 12, 2015 - 6:56 am
According to Reuters, Capital One has its sights set on GE’s U.S. healthcare finance unit, as it has entered into exclusive talks with the industrial giant. read more
AUG 7, 2015 - 7:45 am
In the most recent meeting of the Financial Stability Oversight Council, GE Capital’s status as a “systemically important financial institution” was not rescinded. read more
AUG 3, 2015 - 7:09 am
According to multiple reports, GE Capital Japan sold 50 office properties in Tokyo and several other Japanese cities. read more
JUL 31, 2015 - 7:36 am
Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]
Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com
