Sumitomo Mitsui Financial Group : Franchise Herald

Sumitomo Mitsui Financial Group

Sumitomo Mitsui Financial Group

GE Close to Selling its Japanese Commercial Lending Business with 2 Bidders Remaining, Bids Value Business at $5 Billion

General Electric Co. (GE) is nearing the sale of its Japanese commercial lending business with only two bidders remaining, a person familiar with the matter told The Wall Street Journal. The bids have valued GE’s commercial lending and leasing operation at nearly $5 billion.

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