Element to buy majority of GE Capital's fleet ops for C$8.6 bln
June 29, 2015 at 02:43 AM EDT
June 29 (Reuters) - Canada's Element Financial Corp said it has entered into an agreement with General Electric to acquire GE Capital's fleet management operations in the United States, Mexico, Australia and New Zealand for C$8.6 billion ($6.98 billion)in cash.