M/03/028 – General Electric / Transamerica
Transaction details
Proposal whereby General Electric Capital Corporation would acquire most of the worldwide commercial lending business of Transamerica Finance Corporation.
| Notification date | Decision date |
|---|---|
| Thursday September 4, 2003 | Thursday, October 2, 2003 |
| Parties Involved | Business activities |
|---|---|
| General Electric | Diversified industrial corporation, provides financing to businesses and arranges financial services and products worldwide. |
| Transamerica | Provides commercial financing in the form of distribution financing for manufacturers and dealers, as well as equipment financial services and specialty finance. |
| Economic sector | Media merger |
|---|---|
| Finance | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Rosemary O'Loughlin | Tel: 01 804 5400 Email: mergers@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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