General Electric Company Inches Closer to $20 Billion Asset-Sale Target
General Electric Co.’s deals to sell the bulk of its vehicle fleet-management business push the company near a goal of unloading at least $20 billion of finance assets before the quarter ends.
Canada’s Element Financial Corp. will acquire GE Capital’s fleet assets in the U.S., Mexico, Australia and New Zealand for $6.9 billion. GE also said Monday that it signed a provisional accord with Arval, a subsidiary of BNP Paribas, to sell the European portions of the leasing operations.
Help employers find you! Check out all the jobs and post your resume.
Canada’s Element Financial Corp. will acquire GE Capital’s fleet assets in the U.S., Mexico, Australia and New Zealand for $6.9 billion. GE also said Monday that it signed a provisional accord with Arval, a subsidiary of BNP Paribas, to sell the European portions of the leasing operations.
Help employers find you! Check out all the jobs and post your resume.