UPDATE 2-GE Capital to sell U.S. real estate, Canadian fleet portfolios

Newswire

* To sell $807 million U.S. property portfolio to American Realty Capital * To sell Canadian fleet portfolio to Element Financial for $553.48 mln May 31 (Reuters) - GE Capital will sell off some U.S. real estate assets and its Canadian vehicle leasing business, as part of parent General Electric Co's efforts to reduce the size of the financial unit. In separate deals announced on Friday, GE Capital said it would sell its $807 million U.S. property ...

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