AI
GE sells finance business to Wells Fargo
General Electric said Tuesday it was selling a portion of its global finance services business to Wells Fargo as it continued the dismantling of its GE Capital unit announced a few months ago.
No details were provided on the financial terms of the deal, which will allow GE to shed assets valued at $32 billion and roughly 3,000 employees.
http://latino.foxnews.com/latino/news/2015/10/13/ge-sells-finance-business-to-wells-fargo/
General Electric said Tuesday it was selling a portion of its global finance services business to Wells Fargo as it continued the dismantling of its GE Capital unit announced a few months ago.
No details were provided on the financial terms of the deal, which will allow GE to shed assets valued at $32 billion and roughly 3,000 employees.
http://latino.foxnews.com/latino/news/2015/10/13/ge-sells-finance-business-to-wells-fargo/
My post is for my entertainment, do your own DD before pushing your
buy/sell buttons
