GE in talks to sell lending, leasing portfolio to Wells Fargo: Source
General Electric Co is in early-stage talks with Wells Fargo & Co about selling its entire $74 billion U.S. commercial lending and leasing (CLL) portfolio to the bank, according to a source familiar with the situation.
Apr 20, 2015, 23:43 PM IST
GE to sell bulk of finance unit, return up to $90 billion to investors
Blackstone Group LP and Wells Fargo & Co confirmed that they were buying most of the assets of GE Capital Real Estate for about $23 billion.
Apr 10, 2015, 23:32 PM IST
GE to sell real estate holdings, sets $50 billion share buyback
General Electric Co said it would sell the bulk of its real estate portfolio to investors including Blackstone Group and Wells Fargo & Co for $26.5 billion, in the biggest commercial real estate deal since 2007.
Apr 10, 2015, 17:38 PM IST
