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Wells Fargo to buy GMAC factoring business

29 March 2010

Wells Fargo Bank has agreed to buy GMAC Commercial Finance Group’s North American factoring business.

Read more: Wells Fargo Bank GMAC factoring business

Wells Fargo & Co has announced that Wells Fargo Bank, has agreed to buy GMAC Commercial Finance Group’s North American factoring business.

GMAC’s factoring portfolio consists of approximately 150 small and...


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