Element Financial (ELEEF) 15.1995 $ELEEF Zephyr Database

Element Financial (ELEEF) 15.1995 $ELEEF

Zephyr Database Shows Latin America M&A Value Holds, Up on a Year Ago
PRWeb - Wed Jul 08, 2:23AM CDT
The value of mergers and acquisitions (M&A) targeting companies based in Latin America, including tax havens, was more or less steady in H1 2015 compared to the previous six months and was up 12 percent on the comparable period of 2014, according to information collected by the leading M&A database Zephyr. Deals with an aggregate value of USD 157,278 million were recorded between January and June, compared to USD 157,634 million in H2 2014 and USD 140,726 million in H1 2014. Volume weakened 13 percent to 1,322 transactions from 1,520 in the last six months of 2014 but was largely unchanged from the corresponding half of last year (H1 2014: 1,337 transactions).

GE TO SELL MAJORITY OF GLOBAL FLEET BUSINESS TO ELEMENT FINANCIAL CORPORATION AND ARVAL
M2 - Mon Jun 29, 10:48AM CDT
GE [NYSE:GE] announced today that it has reached an agreement to sell its U.S., Mexico, Australia and New Zealand fleet businesses to Element Financial Corporation (TSX:EFN) for US$6.9 billion. Separately, GE has signed a memorandum of understanding for the potential sale of its European fleet businesses to Arval, a fully owned subsidiary of BNP Paribas. Arval and GE will now consult with their respective works councils. The transactions' completion will also be subject to customary regulatory and other local corporate or antitrust approvals.
GE: 26.27 (+0.25), EFN.TO: 19.36 (+0.30)

General Electric Revs Up Finance Spinoff With $6.9 Billion Fleet Sale
at The Street - Mon Jun 29, 8:41AM CDT
With GE's latest finance-business sales, the company has reached agreements to shed about $63 billion in assets, putting it more than halfway toward this year's goal of $100 billion.
GE: 26.27 (+0.25)

KBRA Affirms Element Financial Corporation's Issuer/Senior Unsecured Debt Rating of BBB+ following Acquisition Announcement
Business Wire - Mon Jun 29, 8:26AM CDT
Element Financial Corporation has announced an agreement to acquire GE Capital's (NYSE: GE) fleet management operations ("GE Fleet" in the United States, Mexico, Australia and New Zealand, while Arval, a wholly-owned subsidiary of BNP Paribas has signed a Memorandum of Understanding to acquire the European portfolio. Following the announcement, Kroll Bond Rating Agency (KBRA) has affirmed the issuer/senior unsecured debt rating of BBB+ for Element Financial Corporation (TSX: EFN, "Element", or "the Company". The outlook on all ratings is stable.
GE: 26.27 (+0.25)

GE announces sale of majority of global fleet business to Element Financial Corporation for USD6.9bn
M2 - Mon Jun 29, 8:00AM CDT
GE (NYSE:GE) signed a sale agreement with Element Financial Corporation (TSX:EFN) to sell the company's US, Mexico, Australia and New Zealand fleet businesses, for USD6.9bn.
GE: 26.27 (+0.25), EFN.TO: 19.36 (+0.30)

Wall Street Breakfast: Greek Crisis Batters Markets Worldwide
Wall Street Breakfast - at Seeking Alpha - Mon Jun 29, 5:33AM CDT

GE: 26.27 (+0.25), SPY: 207.48 (+2.58), QQQ: 107.65 (+1.62), OA: 71.70 (+1.21)

General Electric sells off more GE Capital
Seeking Alpha - at Seeking Alpha - Mon Jun 29, 2:49AM CDT

GE: 26.27 (+0.25)

GE to Sell Majority of Global Fleet Business to Element Financial Corporation and Arval
Business Wire - Mon Jun 29, 1:26AM CDT
--GE Capital's Announced Sales Now Total Approximately US$63 Billion
GE: 26.27 (+0.25), EFN.TO: 19.36 (+0.30)

Element to Acquire GE Capital's Fleet Operations in the United States & Mexico and Australia & New Zealand for C$8.6 Billion
Marketwired - Mon Jun 29, 1:24AM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company", one of North America's leading fleet management and equipment finance companies, announced today that it has entered into a definitive agreement with GE (NYSE: GE) to acquire GE Capital's remaining North American fleet management operations in the US and Mexico, as well as GE Capital's fleet management operations in Australia and New Zealand (the "Transaction) for an all-cash purchase price of C$8.6 billion. Element had previously acquired the Canadian operations of GE Capital's North American fleet management business in June of 2013.
GE: 26.27 (+0.25), EFN.TO: 19.36 (+0.30)

Reuters: Element Financial close to GE fleet asset purchase
Seeking Alpha - at Seeking Alpha - Fri Jun 26, 5:24PM CDT

GE: 26.27 (+0.25)

Element Financial Declares Quarterly Preferred Share Dividends
Marketwired - Fri Jun 19, 8:56AM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company", one of North America's leading fleet management and equipment finance companies, announced today that its Board of Directors declared the following dividends on Element's preferred shares:
EFN-PR-C.TO: 23.82 (-0.08), EFN-PR-E.TO: 23.70 (+0.01), EFN-PR-A.TO: 24.12 (-0.12), EFN.TO: 19.36 (+0.30)

DealNet Announces Changes to its Board of Directors
Marketwired - Tue Jun 16, 3:23PM CDT
DealNet Capital Corp. ("DealNet" or the "Company" (CSE: DLS) is pleased to announce that Dr. Steven Small has joined the Board of Directors of the Company as Executive Chairman of the Board. Additionally, Harold Bridge, Brent Houlden and John Radford have also joined the Board of Directors.
DLS: 59.54 (+1.28)

Element Financial Corporation Announces Voting Results for Annual General Meeting
Marketwired - Tue Jun 16, 11:57AM CDT
Element Financial Corporation (TSX: EFN) ("Element" confirmed today that the nine nominees listed in its management information circular (the "Circular" dated May 13, 2015 were elected as directors at the Company's Annual Meeting of Shareholders (the "Meeting" held on June 15, 2015. The detailed results of the vote for the election of directors are set out below.
EFN.TO: 19.36 (+0.30)

IIROC Trade Resumption - Element Financial Corporation 4.25% Extendible Convertible Unsecured Subordinated Debentures
Newsfile Corp - Fri May 29, 8:37AM CDT
Trading resumes in: