American Express (AXP) said Thursday that it agreed to acquire Corporate Payment Services, a commercial credit card and corporate purchasing business, from General Electrics (GE) GE Money unit for $1.1 billion in cash. Read more
March 27 (Bloomberg) American Express Co . agreed to buy General Electric Co. s corporate chargecard unit for $1.1 billion in cash to expand lending for business customers. Read more
LONDON (Dow Jones) General Electric Co. reached separate deals Thursday with American Express Co. and Spains Banco Santander, getting $1.1 billion in cash and an Italian banking operation in return for selling its corporate card business and various European personalfinance units. Read more
American Express Co. (AXP) agreed to purchase General Electric Co.s (GE) GE Moneys corporatepayment services, which provides commercial payment and purchasing cards to corporations, for $1.1 billion. Read more
March 26 (Bloomberg) Perus government aims to aggressively reduce foreign debt this year in a bid to earn an investmentgrade credit rating, Finance Minister Luis Carranza said. Read more
March 26 (Bloomberg) Perus government aims to aggressively reduce foreign debt this year in a bid to earn an investmentgrade rating, Finance Minister Luis Carranza said. Read more