GE to sell Europe private equity unit to Japan's SMBC for $2.2 billion

General Electric Co said it would sell its European private equity financing business to a unit of Japan's Sumitomo Mitsui Banking Corp for $2.2 billion. GE Capital will retain its $1 billion investment ...

GE to sell Europe private equity unit to Japan's SMBC for $2.2 billion source: http://finance.yahoo.com/news/ge-sell-europe-private-equity-104315042.html