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GE Capital News

03 Nov 2015

SBI Cards to float expression of interest for JV partner

SBI Cards began the valuation exercise as GE Capital looks to exit the joint venture.

General Electric

11 Sep 2015

GE to sell transportation finance unit to BMO

US industrial conglomerate General Electric said Thursday it would sell the transportation finance unit of its GE Capital to Canada`s BMO Financial Group.

Healthcare Financial Services

11 Aug 2015

GE to sell Healthcare Financial Services for $9 bn

General Electric said Tuesday it has agreed to sell its Healthcare Financial Services and related loans to US bank Capital One for $9 billion.

07 May 2015

Yet to decide on roping in partner for credit cards biz: SBI

Country's largest lender SBI today said it is yet to decide on roping in a partner for its credit cards business after its long-time associate GE Capital has announced to exit financial business globally.

General Electric Co

10 Apr 2015

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.

09 Sep 2014

Biocon to buy GE Capital stake in research services arm for $35 mn

Biocon said it would buy the stake in unit Syngene, which is involved in pharmaceutical contract research and manufacturing, from GE Equity International Mauritius.

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