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On March 13, 2014, GE Capital announced that it would spin its North American consumer finance division off under the new name Synchrony Financial through an initial public offering (IPO). [84] On July 31, 2014, Synchrony Financial raised $2.9 billion in its IPO when GE sold 125 million shares (15%) of the company.
GE Capital sold its Australian and New Zealand business in 2015 to a consortium led by Deutsche Bank, KKR and Värde Partners. [4] The business was renamed Latitude Financial Services. [1] On 20 April 2021, Latitude completed an initial public offering at $2.60 per share and became listed on the Australian Stock Exchange. [5] On 24 February ...
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GE Capital and KTM North America Extend Consumer Financing Program Installment Financing Available at 340 KTM Dealers for New and Used Units STAMFORD, Conn.--(BUSINESS WIRE)-- GE Capital Retail ...
GE Capital Retail Bank and The Thomas Kinkade Company Introduce a Private Label Credit ... Finance. 24/7 help. For premium support please call: 800-290-4726 more ways to reach us. Login / Join. Mail.
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In 2004, GE Money (formerly GE Consumer Finance), owned by General Electric, bought WMC Mortgage for about $500 million. [ 1 ] [ 2 ] WMC Mortgage catered to consumers with less than perfect borrower profiles.
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