GE To Sell Remainder Of Its Stake In Genworth

General Electric Co., the diversified manufacturing, financial services and media company, said Monday it will sell the rest of its stake in Genworth Financial Inc. through a secondary public offering.

GE, which spun off Genworth in 2004, had said it planned to sell its holdings in the insurance holding company by the end of 2006.

GE To Sell Remainder Of Its Stake In Genworth
Source: Hartford Courant