M&A
GE, Blackstone face termination of deal by PHH
By Our Corporate Bureau | 02 Jan 2008
PHH Corporation has called of its planned $1.8 billion acquisition by GE and Blackstone after the PE firm failed to obtain the required financing for the deal.
PHH Corporation has called of its planned $1.8 billion acquisition by GE and Blackstone after the PE firm failed to obtain the required financing for the deal.