GE dumps assets to make more dough

April 9, 2015 6:59 PM

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GE dumps assets to make more dough

General Electric’s (GE) push to dispense of its asset-heavy financial business is dramatically reshaping the company.

The diversified industrial company is in talks to sell $30 billion of holdings in office space, apartment buildings and other commercial property around the world, according to the Wall Street Journal citing people familiar with the negotiations. GE could not be reached for comment.

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