Monthly Archives: April 2015

Blackstone, Wells Fargo Buy $23 Billion In Property From GE

According to Bloomberg, Blackstone Group LP and Wells Fargo & Co. agreed to buy most of General Electric Co.’s real estate assets in a deal valued at about $23 billion, in an effort to further shrink GE’s financial unit. Bloomberg’s Devin Banerjee reports that GE Chief Executive Officer Jeffrey Immelt “does not want GE to be a […]