GE sells 1.9% in Bank BPH

General Electric Capital Corporation has sold 1.47 million shares, standing for a 1.9-percent stake in Bank BPH, the Polish lender said in a statement on Wednesday. The stocks were sold in an accelerated book-building process, completed on December 3, at PLN 42.50 per share. The sale was carried out in order to fulfill an obligation imposed on GE Capital by the Polish Financial Supervision Authority to increase the liquidity of Bank BPH shares.