Transamerica Corp. of San Francisco announced plans...

Transamerica Corp. of San Francisco announced plans to combine its consumer finance, commercial finance and leasing activities into a single group, which will be known as Transamerica Finance Group. The consolidation will take effect Jan. 1. The new group will have more than $8 billion in assets and $1.5 billion in shareholders’ equity. The companies that will make up the new organization had $1.1 billion in revenue and generated $127 million of net income during the first nine months of 1988.