GE To Sell European PE Financing Unit To Sumitomo For $2.2B
By Linda Chiem ( June 30, 2015, 3:30 PM EDT) -- General Electric Co. said Tuesday it will sell its European buyout-lending unit to a Sumitomo Mitsui Banking Corp. subsidiary for $2.2 billion as the conglomerate continues to quickly shed most of its finance arm to focus on its industrial businesses....
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