GE Capital said Wednesday that it had a contract to buy WTB Westdeutsche Kreditbank GmbH, Cologne, and its subsidiary, WTB Leasing GmbH, from BfG Bank AG for undisclosed terms.

WTB, a leading German provider of equipment financing products and services, had about $673 million of assets at the end of 1997.

GE Capital European Equipment Finance has more than $6 billion of assets and operations in 14 countries.

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