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acquisition

Acquisition of factor announced

The CIB group has bought the factoring firm Aginvest-Faktor Rt, Hungary’s second largest factor. CIB Group’s commercial finance units, CIB Real and CIB Service, each acquired a 50 per cent stake in the factor, which is now called CIB Faktor...

#acquisition#bank#commercial finance

EquiFin reports first quarter 2004 results

EquiFin, Inc. has reported revenues for the first quarter ended March 31, 2004 increased by 57.6% to US$643,000, compared to…

#acquisition#business finance#interest


Singapore bank lacks factoring presence, despite BoA buy –...

The 22bn baht purchase of an 80 per cent stake in the Bank of Asia by United Overseas Bank (UOB),…

#acquisition#bank#banks


NIKoil at forefront of banking consolidation

Consolidation among Russia's biggest banking institutions is starting to take place as bankers realise that organic expansion will not provide…

#acquisition#bank#banks


Merger to be completed this year

Financial services conglomerate Grupo Security expects to complete the merger between its bank Banco Security and the Chilean subsidiary of…

#acquisition#bank#financial services


Coface acquires 100% of ORT SAS and its subsidiaries

Coface, a Natexis Banques Populaires subsidiary, today announced the acquisition of 100% ownership of the ORT SAS Company and its…

#acquisition#management#receivables


GE Commercial Finance acquires IKON's US leasing operations –...

GE Commercial Finance, the business-to-business financial services unit of General Electric, announced yesterday that it has completed the acquisition of…

#acquisition#commercial finance#financial services


After factoring acquisition, Desarrollo anticipates 10% increase in loan...

According to Estrategia, Chile's financial daily, Banco del Desarrollo is looking to up its loan portfolio 10% this year backed…

#acquisition#bank


GE Commercial Finance in refinancing deal with British valve...

An Ј8 million refinancing deal, including Ј3.5 million provided by GE Commercial Finance, (GECF) has enabled St. Helen’s-based Delta Fluid…

#acquisition#commercial finance#funding


Delta takes over rival finance company

Financial group Grupo Financiero Delta has acquired 100% of local leasing company Capital Leasing & Finance for an undisclosed sum,…

#acquisition#bank#financial services


GE Commercial Finance unit acquires leasing business

General Electric, the US conglomerate, yesterday agreed to acquire a large part of the equipment leasing business of IKON Office…

#acquisition#commercial finance#commercial lending


Investors look at Romania

Romania jumped from below the top 25 to become the 17th most attractive market for European investors according to an…

#acquisition#emerging markets#management

Cattles funds acquisition for Elite

Elite Security in Hunslet, Leeds, has acquired London-based Mison Security with funding provided by Cattles Invoice Finance. Elite Security was…

#acquisition#funding#invoice

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