Credit Services & Lending M&A » By The Online Investor Staff, updated Thu., Apr. 18, 10:35 AM
Recent mergers and acquisitions in the Credit Services & Lending M&A category.
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Slide #28. Element Financial Corporation — Helicopter and railcar finance assets from GE Capital and Trinity Industries, Inc. respectively
Acquirer:
Element Financial Corporation (TSE:EFN.CA)
Acquiree:
Helicopter and railcar finance assets from GE Capital and Trinity Industries, Inc. respectively
Details:
Element Financial Corporation (TSX:EFN) ("Element" or the "Company"), one of North America's leading equipment finance companies, today announced that it has closed its previously announced acquisitions comprised of approximately US$348 million worth of helicopter and railcar finance assets from GE Capital and Trinity Industries, Inc. respectively.
Element Fleet Management is a fleet management company providing services and financing solutions for commercial vehicle fleets and equipment fleets. Co. also provides related services programs to domestic and international companies, including fuel and maintenance service cards, remarketing, maintenance management and accident services.
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