AION Capital Partners acquisition of GE's India commercial lending and leasing business

2/3/2016

Private acquisition

Status:

Completed

Date:

2/3/2016

Overview:

AION Capital Partners has acquired GE's India commercial lending and leasing business.
AION acted in a joint venture with ICICI bank.
The buying consortium also included former GE Capital executives Pramod Bhasin and Anil Chawla.

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

India

Industry sector:

Financial services

Firms:

Allen & Overy

Party: AION Capital partners (Acquirer)

Shearman & Sterling

Party: General Electric Capital Corporation (Seller)

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