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Ina disclosure to the local bourse on Tuesday, the Sy-led bank said it has purchased 98.91% of GE Money Bank's issued and outstanding common stock and all of the bank's preferred capital stock. At the same time, BDO has issued 37.74 million new common shares to GE Capital Philippines Investment Holdings for a total of P1.3 billion or P34.45
Santander Europe’s second-largest bank, gained control of Interbanca last year when, as part of a consortium of banks, it bought the Dutch bank ABN Amro. The financial services businesses that Santander will acquire are: GE Money Bank GmbH of Austria, General Electric Capital Deutschland GmbH, GE Capital Bank Ltd of the UK, GE
