GE to spin off part of North American finance unit via IPO

Nov 15 (Reuters) – General Electric Co said on Friday it would spin off part of its North American retail finance business in an initial public offering next year.

GE said it plans to float about 20 percent of the retail finance unit in the IPO.

Read more at: http://in.reuters.com/article/2013/11/15/ge-investors-idINL2N0J00OG20131115

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