General Electric (GE) Sells Remaining Minority Stake in Hyundai Capital Services
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GE Completes Sale of Remaining Shares in Hyundai Capital Services
October 17, 2016 4:00 AM EDTGE Capitals Completed Deals to Date Total Approximately US$175 Billion (ENI) GE continues transformation to more focused Digital Industrial Company
BOSTON--(BUSINESS WIRE)-- GE (NYSE: GE) announced that today it has completed the sale of its remaining 20% stake in the Hyundai Capital Services (HCS) joint venture through a structured asset-backed security, representing aggregate ending net investment (ENI) of approximately $0.8 billion as at the end of the third quarter of 2016.
As we continue to sell most of the... More
