Private Equity
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. General Electric Co. has agreed to sell the last of its Australia and New Zealand finance business as part of a global plan to return to its manufacturing roots. GE will sell its commercial lending and leasing portfolio in the two countries to Sankaty Advisors, an affiliate of Bain Capital LLC, it said in a statement Monday. In the past eight months, it has agreed to dispose of three consumer and...