Seeking Alpha

GE (GE) is considering a sale of its 33% stake in Thailand's Bank of Ayudhya, Bloomberg reports....

GE (GE) is considering a sale of its 33% stake in Thailand's Bank of Ayudhya, Bloomberg reports. The bank has a market cap of $6.7B, making GE's holding worth around $2.2B. The sale would be part of the conglomerate's strategy of reducing the size of its GE Capital unit, with $3.9B worth of assets having been sold already this year.
From other sites
Comments (2)
  • Southfork1106
    , contributor
    Comment (1) | Send Message
     
    It is about time..only six years too late
    12 Sep 2012, 10:04 AM Reply Like
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    Perfect for me.
    12 Sep 2012, 11:26 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs