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GE to Sell Healthcare Financial Services U.S. Lending Business to Capital One

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FAIRFIELD, Conn.--(BUSINESS WIRE)--GE [NYSE:GE] announced today that it has reached an agreement to sell $8.5 billion of healthcare-related loans and its Healthcare Financial Services (HFS) U.S. lending business to Capital One for approximately $9 billion. Separately, GE has signed an agreement with another buyer to sell approximately $600 million of HFS real estate equity investments. “This transaction is another example of the value generated by GE Capital’s strong businesses and exceptional

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