GE Sheds Assets, Sovereign Funds Look to Pick Up
Posted on 02/08/2015
Since the global financial crisis, General Electric Co. (GE), a U.S. conglomerate, has been carefully shrinking its financial services arm GE Capital. GE’s CEO Jeffrey Immelt has refocused the company on higher margin businesses, while selling off lower margin assets like NBCUniversal to Comcast. In June 2014, Spain’s Banco Santander SA agreed to acquire GE […]
- Australia
- China Investment Corporation
- credit
- Deals
- GE
- General Electric
- Government of Singapore Investment Corporation
- New Zealand
- OTPP
- Sovereign Wealth Fund
