General Electric (GE) to Sell French Consumer Lending Business to Cerberus Capital
June 23, 2016 at 10:02 AM EDT
Shares of the General Electric Company (GE) were trading up +0.20 or +0.65 percent to $30.98 per share in Thursday's premarket after the company announced it had received a binding offer for its French consumer credit unit, GE Money Bank, and operations in the French Overseas Territories from Cerberus Capital Management, LP. General Electric stock ... READ MORE Read the rest of General Electric (GE) to Sell French Consumer Lending Business to Cerberus Capital at InvestorGuide.com .