General Electric Co. (GE)

Index:

S&P 100

$ 158.97
   
  • Change Today:
    $-1.53
  • 52 Week High: $180.12
  • 52 Week Low: $106.08
  • Currency: US Dollars
  • Shares Issued: 1,088.42m
  • Volume: 8,641,197
  • Market Cap: $173,026m
  • RiskGrade: 177

GE sells private equity lending unit to Canadian pension fund

Date: Tuesday 09 Jun 2015

LONDON (ShareCast) - General Electric has agreed to sell its private equity lending unit to Canada Pension Plan Investment Board for $12bn.
The group will dispose of its sponsor finance business, which includes private-equity lending business Antares Capital, and a $3bn bank loan portfolio to the pension fund.

The deal marks a big step in the industrial giant's move away from banking.

It follows reports the two companies were nearing a deal earlier in the week.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

General Electric Market Data

Currency US Dollars
Share Price $ 158.97
Change Today $ -1.53
% Change -0.95 %
52 Week High $180.12
52 Week Low $106.08
Volume 8,641,197
Shares Issued 1,088.42m
Market Cap $173,026m
RiskGrade 177

What The Brokers Say

Strong Buy 7
Buy 7
Neutral 3
Sell 0
Strong Sell 0
Total 17
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 28-Jun-2024

Time Volume / Share Price
15:59 300 @ $159.02
15:58 100 @ $158.98
15:58 200 @ $158.99
15:58 100 @ $158.99
15:58 100 @ $158.99

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