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(The Hill) BMW plans to purchase the leasing division of ING NV, the Dutch financial services company, for 637 million euros, or roughly $915 million.
I'm more on the oversight of the leasing division of the brokerage division and the overall day-to-day operations of the company.
They had asked G.E. to spin off its lucrative aircraft leasing division and sell off Honeywell divisions worth billions of dollars.
Her father is a senior director in the leasing division of Newmark Knight Frank, a commercial real estate company in New York.
The consortium of Chinese firms that has agreed to buy the American International Group's airplane leasing division missed a deposit payment, the American insurer disclosed on Friday, threatening to unwind the multibillion-dollar transaction.
These informal responses from rivals have pointed to the market power of an aircraft leasing division, GE Capital Aviation Services, which is one of the world's largest buyers of commercial aircraft.
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And he has jettisoned the Diners Club credit card franchise, Citi's commercial leasing divisions and a big pension administration unit.
Mr. Smith, 57, took over as chief executive in 2005, after a 22-year career at General Electric in which he worked in the conglomerate's asset-management, insurance and leasing divisions.
That deal came just a day after Sumitomo Mitsui announced an agreement with the Royal Bank of Scotland (RBS) to pay $7.3 billion the seventh-largest amount ever paid by a Japanese company—for RBS's aircraft-leasing division.
As General Electric and European regulators enter a final round of meetings over the proposed acquisition of Honeywell International, the chief obstacle to approval of the deal appears to be G.E.'s aircraft-leasing division.
The turnaround at its tenanted and leased division had continued, with growth in average underlying profits per pub.The brewery division, which makes Belhaven Best, Greene King IPA, and Abbot Ale, saw own-brewed volumes rise 7.4%, bucking the UK trend of falling beer sales.
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