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Bank Prokredit was founded in 1912. In 1998, it came under the wing of GE Capital, which, the year before, had already acquired another Swiss consumer credit business, Bank Aufina, founded in 1953. It was not until 2006 that Prokredit, which had previously belonged to UBS, and Bank Aufina merged under the name GE Money Bank. [4]
In October 2001, Hyundai Motor Group acquired Diners Club Korea and changed its name to Hyundai Card Co., Ltd. [1] In 2003, they launched the Hyundai Card M which offered discounts of up to ₩500,000 (2006) (equivalent to ₩641,708.23 or US$567.67 in 2017) [3] to members when purchasing a Hyundai or Kia vehicle. [4]
Online Store: In 2021 SumUp announced the relaunch of the SumUp Online Store, an e-commerce platform that enables anyone to create an online business for free. [23] Business Account: Launched in 2021, this tool is a way for merchants to keep business and personal money completely separate. Merchants can use it to make transfers and receive next ...
On December 3, 2009, telecommunications company Comcast announced its intent to acquire mass media company NBC Universal from General Electric (GE). The acquisition was subject to scrutiny from activists and government officials; their concerns primarily surrounded the potential effects of the vertical integration that the acquisition could create, as Comcast is also heavily involved in cable ...
GE also acquired Kidder-Peabody as part of GE Capital. [9] The company starts sponsoring The McLaughlin Group, which lasted 16 years. [10] [11] 1987 GE closed down air conditioner plant in Appliance Park in Louisville, Kentucky and sold their room air conditioner and rotary compressor plant in Columbia, Tennessee, to Fedders.
Model designation Build year Total produced AAR wheel arrangement Prime mover Power output Image 57-ton gas–electric boxcab: 1913: 1: B-B: 2 x GM-16C4 V-8
First Colony Life (FCL) was an American life insurance company based in Lynchburg, Virginia that was acquired in 1996 by GE Financial Assurance (a subsidiary of General Electric), and later became Genworth Life and Annuity Insurance Company, a Genworth Financial company in 2007.