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Reuters: GE Launches Sales Process for U.S. Lending Units

June 01, 2015, 07:14 AM
Filed Under: Industry News

Reuters reported General Electric has launched the sales process for a roughly $40 billion portion of its U.S. commercial lending assets, a source familiar with the situation said on Sunday.

Reuters cites a report from The Wall Street Journal indicating these businesses include its commercial distribution finance business, equipment finance, and corporate finance, the source said.

To read the full Reuters report, click here.

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