Wells Fargo finalizes purchase of GE Capital assets
Wells Fargo completed the purchase of the Australian and New Zealand segments of GE Capital’s Commercial Distribution Finance business.
GE Capital
Wells Fargo set to buy GE lending arm
General Electric is selling its commercial leasing and lending businesses to Wells Fargo.
Q&A with Bruce Van Wagoner, managing director and president of the GE Capital marine finance group
Bruce Van Wagoner is managing director and president of the Commercial Distribution Finance marine group at GE Capital, the marine industry’s major wholesale lender.
Brunswick extends floorplan financing agreement
Brunswick Corp. extended its joint venture with Commercial Distribution Finance, a division of GE Capital, through 2019.
Bass Pro Shops signs financing deal for Fishing Holdings
GE Capital is expanding its financing program with Bass Pro Shops and Tracker Marine to cover Fishing Holdings LLC.
GE could select lending-business buyer soon
Canada Pension Plan Investment Board and Ares Management submitted bids for General Electric Co.’s U.S. private-equity lending business.
GE continues talks on selling more assets
General Electric Co. is in advanced talks to sell assets in the $9 billion vehicle fleet-management business to Element Financial Corp.
VIDEO: Buyers line up to purchase GE Capital
GE said April 10 that it is selling the portfolio, which consists of $74 billion in loans to U.S. businesses.
GE Capital seeks buyer for finance division
The marine industry’s major wholesale lender announced that it will sell its business to simplify operations.
