Japan’s Sumitomo Mitsui Eyes GE’s US Rail-Leasing Business

Sumitomo Mitsui Financial Group Inc. is meddlesome in shopping General Electric Co.’s U.S. railcar-leasing business, people informed with a matter say, a latest instance of Japanese financial institutions looking for poignant purchases in a U.S.

GE Capital Rail Services, that could be valued during roughly $4 billion, also has drawn seductiveness from Wells Fargo and other U.S. financial institutions, a people said.

GE is…

About admin