GE takes big step away from banking with $12 billion deal

General Electric will sell its private equity business in a deal valued at about $12 billion as it refocuses on its core businesses and exits a banking sector now under stricter oversight. The U.S. Sponsor ...

GE takes big step away from banking with $12 billion deal source: http://finance.yahoo.com/news/ge-takes-big-step-away-111238618.html