UPDATE 2-GE close to selling nearly all its real estate holdings

April 9, 2015 6:03 PM

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April 9 (Reuters) - General Electric Co is nearing a deal to sell practically all of its $30 billion real estate assets to a consortium led by Blackstone Group and Wells Fargo & Co, according to a person familiar with the matter.

An announcement could come as early as Friday, the person said. A GE spokesman declined to comment.

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