Friday, July 13, 2007

GE says may sell some commercial finance units

(Reuters) - "Are we going to be opportunistic about value-creation
because of liquidity? I think it's a good time," Keith Sherin,
GE's senior vice president and chief financial officer, said in
a phone interview. "That'll be more in the financial services
space today, where we may have things that are less strategic
that someone else may be able to do more with."




The timing appears good to try to sell off pieces of that
unit, said Matt Collins, capital goods analyst at Edward Jones
in St. Louis, Missouri.


Read more at Reuters.com Mergers News

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