General Electric Co`s finance arm GE Capital said it is selling a $1.5 billion portfolio of its healthcare equipment finance business to U.S. regional lender TIAA Bank.
GE`s financing arm has been divesting assets worth billions of dollars since 2015 as part of a plan to shrink itself into a smaller, more focused business.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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