Liberty Financial Pty Ltd. provides financial products and services to consumers and small businesses in Australia and New Zealand. The company offers home loans products to suite a range of circumstances, such as first home buyer, buying or selling, debt consolidation, refinancing, property investment, renovating or building, self-employed, credit history, and buying with self-managed super funds (SMSFs). It also arranges car finance in various situations, such as new or used cars, business vehicles, start-up business, and credit history; and provides commercial loans for various situations, including business premises, property investment, debt consolidation, refinancing, restructuring of ...
535 Bourke Street
Melbourne, VIC 3000
Founded in 1997
FlexiGroup, Varde And KKR Bids For GE Capital's Local Operations
Dec 15 14
FlexiGroup Limited (ASX:FXL), Värde Partners, Inc. and KKR & Co. L.P. (NYSE:KKR) joins race to acquire sales finance, credit cards and personal loans business of General Electric Capital Corporation, sources said. Indicative bids were submitted on December 12, 2014. FlexiGroup, Varde, and KKR are competing against consortium of TPG Capital, L.P., The Carlyle Group LP (NasdaqGS:CG), and The Blackstone Group L.P. (NYSE:BX) and Macquarie Group Limited (ASX:MQG) along with Pepper Australia Pty Ltd, Street Talk reported. Citi has reportedly been retained as advisor by FlexiGroup, Varde and KKR. The highest bid came from a consortium of Liberty Financial Pty Ltd, GIC Pte. Ltd., Ontario Teachers' Pension Plan, TPG and Blackstone, according to people briefed on the bids.