TORONTO, ONTARIO--(Marketwired - Jun 29, 2015) - Element Financial Corporation (EFN.TO) ("Element" or the "Company"), one of North America's leading fleet management and equipment finance companies, ...
Today, Element Financial Corp. will finalize its long-anticipated acquisition of GE Capital’s U.S.-based fleet management operations. According to William Cieslak, Element Fleet Management’s vice ...
GE announced an agreement to sell its fleet business in the U.S. and other countries to Element Financial Corp. for $6.9 billion as the seller exits the trucking business to focus on other industrial ...
TORONTO/NEW YORK (Reuters) - Canada's Element Financial (EFN.TO) is close to buying a large chunk of General Electric Co's (GE.N) vehicle fleet-management business in a deal that could be sealed as ...
GENERAL Electric Co, working to reduce dependence on its finance unit, is in advanced talks to sell assets in the US$9 billion vehicle fleet-management business to Element Financial Corp, people ...
This story appears in the July 6 print edition of Transport Topics. Element Financial Corp. is set to become the largest operator of commercial vehicles in North America after striking a deal to ...
(Reuters) — Canada’s Element Financial Corp (EFN.TO) said it will buy General Electric Co‘s (GE.N) fleet management operations in the United States, Mexico, Australia and New Zealand for C$8.6 billion ...
General Electric Co. agreed to sell the bulk of its vehicle fleet-management business to Canada’s Element Financial Corp. for $6.9 billion as the U.S. company accelerates the disposal of finance ...
TORONTO (Reuters) - General Electric on Monday said it agreed to sell its fleet management arm in the United States, Mexico, Australia and New Zealand to Canada's Element Financial for $6.9 billion, ...
Toronto-based Element Financial Corp. announced today that it is purchasing GE Capital’s remaining fleet operations in the U.S. and Mexico, and Australia and New Zealand — an all-cash deal worth $8.6 ...
Element Financial Corp.'s $8.6-billion acquisition of part of General Electric Co.'s fleet management business is not the end of the company's growth plans, according to chief executive Steve Hudson, ...