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

|By:, SA News Editor

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.