Close

General Electric (GE) Completes GE Capital Interbanca Share Sale; Represents ENI of $3.6B

Go back to General Electric (GE) Completes GE Capital Interbanca Share Sale; Represents ENI of $3.6B

GE Capital Completes Sale of Its Shares in GE Capital Interbanca S.p.A to Banca IFIS S.p.A

November 30, 2016 9:45 AM EST

GE Capitals Completed Deals to Date Total Approximately US$186 Billion (ENI) GE continues transformation to more focused Digital Industrial Company

BOSTON--(BUSINESS WIRE)-- GE (NYSE: GE) has today sold its shares in GE Capital Interbanca S.p.A in Italy to Banca IFIS S.p.A. This transaction represents ending net investment (ENI) of approximately US$3.6 billion as of the end of the third quarter 2016.

As we continue to execute on our strategy to sell most of GE... More