SAC Private Capital to acquire Taiwanese Cosmos Bank | AltAssets Private Equity News

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SAC Private Capital to acquire Taiwanese Cosmos Bank

3 Sep 2007

Private equity group SAC Private Capital Group and consumer lending firm GE Money have signed a memorandum of understanding to invest $900m in Taiwanese Cosmos Bank. Under the terms of the memorandum, SAC will contribute $650m with GE Money supplying the remaining $250m.

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