Wednesday, December 23, 2015 2:30:24 AM
http://ih.advfn.com/p.php?pid=nmona&article=69786678
What will GE do with all that cash???? Some might be used to fund MVTG plants and a huge massive buyout as I predicted.
"General Electric Co. (GE) said Monday it agreed to sell 23.3% of Hyundai Capital Services to Hyundai Motor Co. (005380.SE) and Kia Motors Corp. (000270.SE) and plans to sell its remaining 20% stake in the 11-year-old joint venture in the coming months.
The move comes as GE has refocused on its core industrial assets, selling billions of dollars worth of its financial businesses. GE had signed or closed deals to sell finance businesses with assets totaling $154 billion through last week, a spokeswoman for its GE Capital unit said. The company has a goal of unloading $200 billion in finance assets.
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- GE Aerospace Hosts 2024 Investor Day • Business Wire • 03/07/2024 11:15:00 AM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:29:57 PM
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- Futures Pointing To Continued Weakness On Wall Street • IH Market News • 03/05/2024 02:03:27 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/29/2024 09:56:34 PM
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