GE Launches Global Research, Technology Innovation and Manufacturing in Saudi Arabia
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GE Capital (GE) to Sell Australia, New Zealand Consumer Lending Unit in ~$6.3B Deal (KKR)
March 16, 2015 8:24 AM EDTVärde Partners (Värde), a global alternative investment firm, KKR (NYSE: KKR) and Deutsche Bank (NYSE: DB) have signed an agreement for the purchase of GE Capitals (NYSE: GE) Australia and New Zealand Consumer Lending Business (the Company) at an enterprise value of A$ 8.2 billion (about US$6.3 billion).
The Company is a leading financial services provider offering a range of services and products including personal loans, credit cards and interest free retail finance. It has more than 3 million customers and is a... More
