(USA TODAY) – General Electric (GE) said today it is selling the bulk of its GE Capital banking business in its latest attempt to simplify the conglomerate and concentrate on the best-performing segments.

GE kicked off the announcement on Thursday with the sale of its real-estate assets — a hodgepodge of factories, commercial loans and apartment complexes — for $26.5 billion. Wells Fargobank and private equity firm Blackstone bought the bulk of that for $23 billion, the companies said. Read the full story.

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