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GE Continues Asset Sales Abroad, This Time In Japan
An honorable member of the Coffee Shop Has Just Posted the Following:
Earlier this month, GE sold off its consumer finance business in New Zealand and Australia and signed a memorandum of understanding to potentially sell its equipment-finance and receivable-finance units in France and Germany. Last month, GE agreed to sell much of its $30 billion commercial lending and leasing segment to Wells Fargo (NYSE:WFC). "We continue to make quick progress on the sale of our international assets," GE Capital CEO Keith Sherin said in a release. Read More At Investor's Business Daily: http://news.investors.com/business/1...#ixzz3uR33MlbG Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook Click here to view the whole thread at www.sammyboy.com. |
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