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GENERAL ELECTRIC CAPITAL CORPORATION / DEUTSCHE BANK AG / VARDE PARTNERS INC / KKR & CO / GENERAL ELECTRIC COMPANY / Acquisition / Private / £4243m

Synopsis

A consortium of private equity firm KKR & Co LP, alternative investment manager Varde Partners and Deutsche Bank bought GE Capital’s Australian and New Zealand consumer lending arm for A$8.2 billion ($6.26 billion).

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