Divestiture news and trends

GE Capital Exits Trade Finance With MUFG Acquisition
B2B Payments // January 17, 2019

General Electric‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. In an announcement on Wednesday (Jan. 16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance...

Sage Eyes Sale Of US Payments Assets (Maybe)
B2B Payments // December 08, 2016

Payroll and accounting company Sage could say goodbye to its North American payments operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

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WeWork Reveals 90-Day Plan To Turn Company Around

November 08, 2019
WeWork, the embattled office space company, has revealed a “90-day game plan” that includes huge changes to the company, including the divestiture of all if its “non-core businesses” and layoffs, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS […]