Security Pacific will buy a Manny Hanny unit.
- Share via
Los Angeles-based Security Pacific will acquire the consumer finance assets and offices of Manufacturers Hanover Finance Ltd., a United Kingdom leasing subsidiary of Manufacturers Hanover Corp. The assets, which are valued at about $100 million, consist primarily of automobile finance receivables. Terms of the sale, which is expected to be completed on Feb. 19, were not disclosed.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
