V rde, KKR, Deutsche Buy GE's Australia Consumer Finance Arm

... after the financial services arm threatened to drag down the group during the 2008-2009 credit crisis. In July, Fairfield, Connecticut-based GE sold a stake in its North American consumer-lending business Synchrony Financial in an initial public ...



via Fairfield Newswire http://washpost.bloomberg.com/Story?docId=1376-NL8TLQ6JTSE801-1NRD4BDB9LF553HM5HVKP9U4AN