- Transaction Aligns with GE’s Strategy to Create Simpler, More Valuable Industrial Company
- GE Capital’s Announced Sales Now Total Approximately US$189 Billion (ENI)
FAIRFIELD, Conn. - July 28, 2016 - GE (NYSE: GE) has entered into an agreement with Banca IFIS S.p.A to sell its shares in GE Capital Interbanca S.p.A in Italy. The transaction includes employees of the business and represents ending net investment (ENI) of approximately US$3.7 billion as of the end of the first quarter of 2016.