GE Capital plans buy into Hyundai finance - source

Newswire

SEOUL, July 30 (Reuters) - GE Capital, a unit of General Electric Capital Corp. , is close to buying into an ailing financial arm of Hyundai Motor Co., a Hyundai official said on Friday, in a deal a media report said was worth $770 million. The U.S. company was close to signing a deal to buy about 40 percent of Hyundai Capital Services Inc., 84 percent owned by South Korea's top car maker, Hyundai Motor , said the company official, who declined to be identified. The Chosun Ilbo ...

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