The Lessors Network

Lessors Network Shadow
Lessors Network Header
.
Lessors Network Logo

A Vertical News Distribution Network, designed to raise awareness and promote enterprise growth within the largest equipment finance community on the Web.

LinkedIn
Over 1,600 Members
.
Lessors Network Ad
LeasingWorld
Contact: Jan Szmigin / +44(0)1905 621444
.
LeasingWorld | Media

LeasingWorld magazine is a world leader for leasing news and analysis. Because we see our leasing industry as a global community, we tailor our output to satisfy the whole of the leasing world, right across the globe.

Jan Szmigin - +44(0)1905 621444
.


    Breaking News Network

Lessors Network Shadow
.
.
Apollo to Buy $1 Billion of Energy Investments From GE Capital
.

By Rick Clough

General Electric Co. agreed to sell about $1 billion of equity investments to Apollo Global Management as the downtrodden manufacturer extends a push to slim down and shed finance assets following a surprise CEO change.

The portfolio includes about 20 investments in renewable energy and other U.S. power assets held by the energy financial services unit of GE Capital, the companies said Monday in a joint statement. Financial details of the transaction, including the purchase price, weren’t disclosed.

The deal underscores GE’s efforts to rein in its once-vast finance business and narrow its focus on manufacturing industrial equipment.

Blue Arrow   Continue Viewing This Bloomberg Story



.
  Free Headlines In Your Inbox
Lessors Network Shadow
Email Alerts
.
Every day we send out free Email Alerts with the most important
headlines of the last 24 hours, (excluding slow news days).
.
.
 Blue Arrow 


.


A Lessors.com, Inc. Company  |  © Copyright 1998 - 2018



.