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...
Payroll and accounting company Sage could say goodbye to its North American payments operations. Reports Wednesday (Dec. 7) said Sage is considering a selloff of its U.S. payments business. The U.K. company reportedly said it is exploring “potential strategic operations” for the assets. “There can be no...
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. The changes are outlined in a 50-page presentation that was written in October but revealed on Friday (Nov. 8). […]
