$12 BN

Finweek English Edition - - IN BRIEF - The Guardian

Gen­eral Elec­tric (GE) will sell its pri­vate eq­uity busi­ness, US Spon­sor Fi­nance, to Canada Pen­sion Plan In­vest­ment Board in a deal val­ued at around $12bn (R150bn) as it re­fo­cuses on its core industrial busi­nesses and ex­its a bank­ing sec­tor that is now un­der stricter over­sight,

re­ported. GE spun off Syn­chrony Fi­nan­cial, a con­sumer credit card busi­ness, into a sep­a­rate pub­licly traded com­pany last July.

Crip­ple Creek & Vic­tor gold mine

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