1. Illustrated Chronicle
  2. Chronicle 2001 - 2010
  3. 2002
  4. 24 January 2002

GE Capital takes over part of the financing business

  • Date
    24 January 2002
  • Description
    DaimlerChrysler and GE Capital announce that GE Capital will take over part of the capital services portfolio in the USA from DaimlerChrysler Capital Services. DaimlerChrysler will receive € 1.3 billion (USD 1.2 billion) for the sale of the Commercial Real Estate and Asset-Based Lending portfolios.
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