Date Closed

February 4, 2008

Lead Office

Toronto

On February 4, 2008, GE Capital completed the purchase of most of Chicago-based Merrill Lynch Capital, Merrill Lynch and Co., Inc.'s wholly-owned middle-market commercial finance business. Financial terms were not disclosed. The acquisition will add more than US$10 billion in assets and US$5 billion in commitments to GE Capital Commercial Finance's base of US$260 billion - and adds to existing businesses GE knows how to operate. GE Capital purchased Merrill Lynch Capital's corporate finance, equipment finance, franchise, energy and healthcare finance units.

McCarthy Tétrault LLP advised GE with a team led by Graham Gow.