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As U.S. export agency dies, GE turns to the U.K.

Sep. 24, 2015 8:15 AM ETGeneral Electric Company (GE) StockGEBy: Yoel Minkoff, SA News Editor29 Comments
  • Forget about the Export-Import Bank - General Electric (NYSE:GE) has just inked a deal with the U.K. Export Finance, Britain's equivalent of the U.S. agency, to access export financing for up to $12B.
  • GE says the agreement will create up to 1,000 jobs in the U.K. energy sector, and will support orders in several international markets including Brazil, Ghana, India and Mozambique.

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