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Tuesday, June 9, 2015

CPPIB strikes $12-billion deal for GE lending arm

... Chief Executive Officer Jeffrey Immelt is accelerating the exit of the banking businesses that imperiled the Fairfield, Connecticut-based parent company during the financial crisis. GE had sought a swift sale of the sponsor-finance unit to avert any ...

via http://www.theglobeandmail.com/report-on-business/cppib-strikes-12-billion-deal-for-ge-lending-arm/article24870288/?cmpid=rss1&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheGlobeAndMail-Front+%28The+Globe+and+Mail+-+Latest+News%29

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