…US - State-owned United States Department of the Treasury (US) raised its stake to ##.#% from an undisclosed minority holding in GMAC LLC (GMAC), a Detroit- based provider of financial services, and a ##.##% owned- unit of General…
…US - General Motors Corp raised its interest to ##.##% from ##%, by acquiring a ##.##% stake, or #.### mil common shares, in GMAC LLC, a provider of financial services, and a ##% owned-unit of FIM Holdings…
…CANADA - GMAC LLC, a unit of FIM Holdings Ltd, agreed to acquire all the outstanding stock of ResMor Trust Co, a provider of mortgage banking services, from GMAC Residential Funding of Canada Ltd, a unit of the Residential Capital LLC…
…US - FIM Holdings LLC, an investor group comprised of Cerberus Capital Management LP, private equity arm of Citigroup Inc, Aozora Bank Ltd and PNC Financial Services Group Inc, acquired a ##% interest, in General Motors Acceptance Corp, a provider of…
…US - In October ####, General Motors Corp, announced that it was seeking a buyer for its an undisclosed minority interest in General Motors Acceptance Corp, a provider of financial services.…
…POLAND - US-based General Motors Acceptance Corp, a unit of General Motors Corp, acquired Futura Leasing, Gdansk-based car leasing company. The terms were not disclosed.…
…JAPAN - General Motors Acceptance Corp acquired a ##.#% stake in Priva Corp, a provider of online consumer finance services, for ### mil Japanese yen ($#.### mil US), from Credia Co Ltd.…
…UK. General Motors Acceptance Corp, a unit of General Motors Corp, acquired Arriva Automotive Solutions PLC, the vehicle contract hire and fleet management business of Arriva PLC, for ### mil pounds ($###.# mil). The consideration consisted of ### mil…
…General Motors Acceptance Corp (GM), a unit of General Motors Corp, acquired BNY Financial Corp, a unit of the Irving Trust Co subsidiary of Bank of New York's Irving Bank Corp unit, for $#.# bil in cash. The…
…General Motors Acceptance Corp, unit of General Motors, planned to acquire Birmingham Midshires Mortgage Services, a unit of Birmingham Midshires Building Society.…
…General Motors Acceptance, a majority-owned unit of General Motors, acquired all the outstanding common stock of Integon for $## in cash per share, or a total value of $###.### mil. Earlier, in April ####, Integon disclosed it was…
…General Motors Acceptance, a unit of General Motors, raised its stake in its GMAC General Motors Acceptance subsidiary by acquiring a ##% stake from Ciadea for #.### mil Argentine pesos ($# mil US).…
…General Motors Acceptance, a majority-owned unit of General Motors, acquired LSI Holdings for approximately $## mil. Upon completion, LSI changed its name to Nuvell Credit.…
…CoreStates Financial sold its Colonial group of mortgage banking and servicing companies to General Motors Acceptance, a unit of General Motors, for $### mil.…
GMAC Inc M&A Summary
GMAC Inc has made 5 acquisitions while taking stakes in 2 companies. GMAC Inc has 0 divestiture during this period.
Year
Acquisitions
Stakes
Divestitures
2009
0
0
0
2008
0
0
0
2007
0
0
0
2006
0
0
0
2005
0
0
0
2004
0
0
0
2003
0
0
0
2002
0
0
0
2001
1
1
0
2000
0
0
0
1999
2
0
0
1998
0
0
0
1997
2
1
0
Total
5
2
0
Other Recent M&A in the Financial Services industry