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GMAC agrees to buy Provident Financial’s insurance business

GMAC Insurance, the insurance business of GMAC Financial Services, has entered into an agreement to acquire Provident Insurance, the UK-based automotive insurance division of Provident Financial, for about £170 million in cash. The deal is expected to be completed in the second quarter of this year, pending regulatory approvals.

http://www.autoindustry.co.uk/news/10-05-07_16



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<FONT COLOR=RED>Vanquis credit card is owned by provident Financial.Typical 39.9% APR variable Say No! </FONT>

Are you having problems with Yes Car Credit or a debt collection agency?
Make your complaint direct to the Office Of Fair Trading and BBC1 Watchdog below:
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James.MacDougall@oft.gsi.gov.uk or telephone 08457 22 44 99
watchdog@bbc.co.uk or telephone - 020 8535 1000
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Gmac Agrees To Buy Provident Financial’s Insurance · Provident Financial News @ Information