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Home>GE to Sell Shares in GE Capital Interbanca to Banca IFIS

GE to Sell Shares in GE Capital Interbanca to Banca IFIS

3party Content

Thu, 28 Jul 2016

By Manuella Mesco MILAN--GE and Banca IFIS SpA (IF.MI) said Thursday they reached an agreement to sell GE's shares in GE Capital Interbanca SpA to the Italian banking group. Banca IFIS said that the agreed price of the transaction, which includes also employees, is 160 million euros ($177 million).
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