05/05/2004
Baltic Investment Company (BIC) represented private owners of AS RD Lizinga Grupa, a leading consumer finance company in Latvia, in the sale of a company to General Electric Capital Corporation, one of the largest consumer finance company in the world, for an undisclosed consideration. GE Consumer Finance is a leading provider of financial services to retailers, manufacturers, and consumers in over 35 countries around the world, including personal loans, auto loans, mortgages, credit cards, corporate travel and purchasing cards, home equity loans, debt consolidation etc.
BIC provided financial advisory services to the private owners of AS RD Lizinga Grupa. By this transaction BIC strengthened its leading position in providing M&A advisory services in Latvia and Baltics in financial sector.
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