Bain unit buys GE Capital's commercial lending, leasing portfolios in Australia, NZ

Bain unit buys GE Capital's commercial lending, leasing portfolios in Australia, NZ

The logo of General Electric is pictured at the 26th World Gas Conference in Paris, France, June 2, 2015. REUTERS/BENOIT TESSIER/FILES

GE said on Monday it had agreed to sell GE Capital‘s commercial lending and leasing portfolios in Australia and New Zealand to Sankaty Advisors, the global credit affiliate of Bain Capital.

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