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Shinsei to buy GE's Japan finance unit (AP)

Started by riky, July 11, 2008, 01:42:09 PM

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riky

Shinsei to buy GE's Japan finance unit
    (AP)

 



AP - Midsize Japanese lender Shinsei Bank Ltd. said Friday it would acquire the local financial arm of General Electric Co. for 580 billion yen ($5.4 billion) in a bid to boost its consumer finance business.


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