Wells Fargo buys GE rail unit & more
Author: Bob
Date: 10-14-2015 - 09:39

http://touch.latimes.com/#section/5/article/p2p-84701911/

Attention Amtrak procurement:

Wells Fargo's growth strategy has been simple lately: Pick up what GE has been dropping.

Just two weeks after the San Francisco banking giant acquired the bulk of a GE unit that leases rail cars and locomotives, it announced Tuesday the purchase of three more GE businesses that specialize in business loans and equipment financing.

The deal for $32 billion in loans and leases is the largest sale so far by GE's GE Capital unit, which the industrial conglomerate started dismantling this year.



Subject Written By Date/Time (PST)
  Wells Fargo buys GE rail unit & more Bob 10-14-2015 - 09:39
  Re: Wells Fargo buys GE rail unit & more SP5103 10-14-2015 - 10:20
  Re: Wells Fargo buys GE rail unit & more Bob 10-14-2015 - 10:49
  Re: Wells Fargo buys GE rail unit & more SP5103 10-14-2015 - 11:38
  Re: Wells Fargo buys GE rail unit & more Just a Passerby 10-14-2015 - 11:53
  Re: Wells Fargo buys GE rail unit & more Wes T. Inghouse 10-15-2015 - 15:56
  Re: Wells Fargo buys GE rail unit & more AZebra 10-14-2015 - 10:47
  Re: Wells Fargo buys GE rail unit & more Leaser 10-14-2015 - 11:16
  Re: Wells Fargo buys GE rail unit & more Tony Johnson 10-14-2015 - 21:31
  Re: Wells Fargo buys GE rail unit & more Craig Tambo 10-15-2015 - 22:12


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