| General Electric Co. has held talks with “a broad geographic spectrum” of sovereign wealth funds as part of the effort to sell the bulk of its lending business, Chief Financial Officer Jeff Bornstein said.
“We’re tracking every expression of interest inbound,” Bornstein said Friday in a telephone interview, declining to identify any suitors beyond saying that they included sovereign investors, banks, private-equity firms, hedge funds and insurers. “We have multiple, multiple pages of names. I think this is going to be very competitive.”...........................................Full Article: Source
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