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(GE) General Electric Company to Sell Mexican Mortgage Business
Headquartered in Mexico City, GE Capital, a unit of General Electric Company (GE), entered into an agreement to sell its consumer mortgage business in Mexicoto Grupo Financiero Santander Mexico. The business to be sold comprises GE’s consumer mortgage portfolio worth $2 billion. The transaction is expected to close in the first half of 2011, subject [...] (GE) General Electric Company to Sell Mexican Mortgage Business
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