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Home»Tag: GE

Tag Archives : GE

GE to sell $3 billion industrial solutions business

Saheli 15 Dec 2016 305 Views

General Electric Co (GE.N) said on Wednesday it would sell its $3 billion industrial solutions business, which makes electrical equipment, as part of a push to focus on its core businesses. The industrial conglomerate expects to raise about $4 billion from the sale of the unit as well as the ... Read More »

Fed approves Goldman acquisition of GE Capital’s U.S. online deposits

Saheli 21 Mar 2016 297 Views

Goldman Sachs Group Inc (GS.N) received permission on Monday to complete its $17 billion acquisition of GE Capital Bank’s U.S. online deposits. The deal, which was approved by the Federal Reserve, had been pending since August 2015. Goldman would control around $95 billion in deposits through its GS Bank unit ... Read More »

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