NYT: GE Said to Struggle to Find Buyers of Australian Units



The New York Times reported, citing people briefed on the matter, that GE Capital is struggling to stimulate interest in its Australian commercial lending and leasing businesses.

According to the Times, expressions of interest in five GE Capital businesses — fleet financing, private plane financing, equipment rental, lending for working capital and leveraged loans — are valued at $2.9 billion.

Click here to access the full New York Times report.


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Terry Mulreany
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