February 21, 2017 / 1:05 PM / 6 months ago

ECN Capital to sell U.S. equipment finance business to PNC

Feb 21 (Reuters) - Canada's ECN Capital Corp said on Tuesday it would sell its U.S. commercial and vendor finance business to PNC Financial Services Group for about $1.25 billion in cash.

The deal includes assets worth about $1.08 billion. (Reporting by John Benny in Bengaluru; Editing by Saumyadeb Chakrabarty)

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