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Article: GE MONEY REACHES AGREEMENT WITH UNICREDIT ON BPH.
- Article from:
- AsiaPulse News
- Article date:
- August 6, 2007
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GE Money Reaches Agreement with UniCredit on Acquisition of New BPH
Acquisition To Accelerate GE Money's Growth into a Top 5 Bank in Poland
Business Editors
WARSAW, Poland--(BUSINESS WIRE)--Aug. 3, 2007--GE Money, the global consumer lending unit of General Electric announces that it has today signed an agreement with UniCredit regarding the acquisition, by GE Money, of Bank BPH, which will be completed following the completion of the spin-off of a portion of Bank BPH's business to Bank Pekao (referred to hereafter as "New BPH").
The spin-off of a portion of the business of ...