GE sells Wizard to Aussie Home Loans

Posted by admin on December 24th, 2008 filed in Uncategorized

GE Money Australia and New Zealand will sell its Wizard Home Loans brand and franchise network in Australia to Aussie Home Loans for an undisclosed amount. As part of the deal, Commonwealth Bank of Australia will acquire up to $4 billion of mortgages originated by Wizard, GE Money said in a statement on Wednesday. [...]