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BRIEF-GE sells remaining equity stake in Penske Truck Leasing
September 7, 2017 / 1:45 PM / 3 months ago

BRIEF-GE sells remaining equity stake in Penske Truck Leasing

Sept 7 (Reuters) - General Electric Co

* GE sells remaining equity stake in Penske Truck Leasing

* General Electric Co - ‍Total proceeds from deal are approximately $674 million, with pag buying approximately 35% of stake and MBK buying 65% of stake

* General Electric Co - Sold its remaining 15.5% equity stake in Penske Truck Leasing Co, L.P., to penske automotive group and a unit of Mitsui & Co Source text for Eikon: Further company coverage:

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