Santander (Official Website) Santander agrees to acquire GE Money - TopicsExpress

Santander (Official Website) Santander agrees to acquire GE Money Bank AB, GE Capitals consumer finance business in Sweden, Denmark and Norway Under the terms of the agreement, Banco Santander’s consumer finance unit will buy GE Money Bank AB, GE Capital’s consumer finance business in Sweden, Norway and Denmark (“GE Money Bank”). The purchase price of the transaction, expected to close in the second half of 2014, amounts to approximately EUR 700 million.

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