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Element Financial closes acquisition of $243M of helicopter assets from GE Capital

Element Financial closes acquisition of $243M of helicopter assets from GE Capital

19-Dec-2013Source: Element Financial

Element Financial Corporation (TSX:EFN) (“Element” or the “Company”), one ofNorth America’s leading equipment finance companies, today announced that it has closed its previously announced acquisitions comprised of approximately US$348 million worth of helicopter and railcar finance assets from GE Capital and Trinity Industries, Inc. respectively. Further to the December 9th announcement that Element had entered into a strategic alliance agreement... Read more

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