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Capital One Will Buy GE Business.
- Source :
-
Wall Street Journal - Eastern Edition . 8/12/2015, Vol. 266 Issue 36, pC1-C2. 2p. 1 Color Photograph. - Publication Year :
- 2015
-
Abstract
- The article states that U.S. financial services firm Capital One Financial Corp. agreed in August 2015 to purchase a health-care financing business owned by U.S. conglomerate General Electric Co. (GE) for $9 billion. The article states that following the completion of the transaction, GE will have sold about $78 billion of financial assets in 2015, and will be closer to reducing the ending net investment of the firm GE Capital. The article presents comments from Capital One commercial bank president Michael Slocum.
- Subjects :
- *FINANCIAL services industry
*MEDICAL care financing
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 266
- Issue :
- 36
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 108831169