At the start of 2011, Russia s Federal Antimonopoly Services approved the acquisition of ZAO DeltaLeasing, a provider of equipment financing in Russia.
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Ford Motor Co . said it will sell its business-equipment financing unit to Mellon Bank Corp . for about $ 1.7 billion.
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Star is one of a number of foreign companies that have provided equipment financing, consulting, and network construction assistance to cellular operators in China.
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Finova Group Inc . said it will sell a small-business equipment financing unit to Green Tree Financial Corp . for about $ 610 million.
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Profitable companies in commercial banking, leasing, equipment financing, consumer financing and investment banking are also being pursued, Gillespie told the Bloomberg Forum.
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Xerox recently announced an agreement allowing GE Capital in Stamford to become the primary equipment financing provider for Xerox customers in the United States and Canada.
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From the very start, SFS responsibility included Siemens leasing and alternative forms of asset and equipment financing as well as project financing and equity participations.
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Profits are low despite continued high demand due to high debt and overproduction of high end products produced with the equipment financed by the high debt.
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The computer maker said Cirrus Logic will provide about $ 355 million in leased equipment financing and fixed payments to help get the plant up to capacity.
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Xerox Corp . announced Thursday it is forming a joint venture with De Lage Landen International BV to manage equipment financing for its customers in the Netherlands.