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Stock Market & Financial Investment News

News Breaks
June 23, 2014
06:13 EDTGE, SANSantander to acquire GE Money Bank AB for approximately EUR700M
Santander Consumer Finance, S.A. (SAN) and GE Money Nordic Holding AB (GE) have signed a definitive agreement by which Banco Santanderís consumer finance unit will buy GE Capitalís business in Sweden, Denmark and Norway. The purchase price of the transaction, which is subject to relevant regulatory approvals, amounts to approximately EUR700M after a pre-closing dividend to remove excess capital. Under the terms of the agreement, Santander will assume GE Money Bankís intragroup funding. The deal, which is expected to close in the second half of 2014, will have an impact of 8 basis points in Grupo Santanderís core capital.
News For SAN;GE From The Last 14 Days
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July 30, 2015
17:50 EDTGEGE exec sees $10B in projects going overseas due to Ex-Im trouble, Reuters says
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July 29, 2015
05:30 EDTGEGE Healthcare to invest $1B for training and education solutions by 2020
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July 28, 2015
10:07 EDTGEGE in talks to sell assets to Ansaldo Energia, Reuters reports
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July 27, 2015
12:46 EDTGEAlstom to accept EUR300M hit to assist GE deal completion
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06:38 EDTGEGE intends to be 'sizable' player in energy storage market, Reuters reports
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July 24, 2015
15:17 EDTGECapital One, Apollo Global weigh final bids for GE unit, Bloomberg says
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July 23, 2015
19:52 EDTSANUber no longer partnering with Santander, Reuters says
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08:11 EDTGEGE's CDF unit extends inveotry finance program with Husqvarna Group
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July 22, 2015
07:23 EDTGEFrench minister 'reassured' by elements of Alstom, GE deal talks, Reuters says
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July 20, 2015
16:20 EDTGEFederal Reserve establishes enhanced standards for GE Capital
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11:39 EDTSANBanco Popular may be target in next round of Spanish bank M&A, Reuters says
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09:04 EDTGEGE chooses Microsoft Office 365 fro employee collaboration and productivity
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06:16 EDTGEAlstom sees General Electric deal completed in coming months, Reuters reports
Alstom (ALSMY) expects to complete the transaction with GE (GE) in the coming months, Reuters reports. Reference Link

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