December 20, 2007 / 1:23 PM / 10 years ago

Dell to buy CIT Group's stake in DFS

Dec 20 (Reuters) - Dell Inc DELL.O said it will purchase CIT Group Inc’s (CIT.N) 30 percent stake in Dell Financial Services (DFS) for $306 million by the end of 2007.

    Dell said the acquisition, which would make it the sole owner of the financial services company, is not expected to have a material impact on its results of operations or cash flows. (Reporting by Shikhar Balwani in Bangalore; Editing by Deepak Kannan)

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below