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BMG Buys GE Asset

Oct 4, 2010

Banco BMG, a Brazilian payroll deduction credit provider, says it has agreed to acquire GE Money in Brazil, which comprises Banco GE Capital. The sale includes the totality of GE Money Brazil, including existing retailer partnerships, branches, customers, assets and GE Money...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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