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BRIEF-Newstar sells equipment finance business to Radius Bank for $140 mln
December 1, 2016 / 9:35 PM / 10 months ago

BRIEF-Newstar sells equipment finance business to Radius Bank for $140 mln

Dec 1 (Reuters) - Newstar Financial Inc

* Newstar sells equipment finance business to radius bank

* Newstar financial inc - deal for approximately $140 million in cash.

* Newstar financial inc - deal for $140 million

* Newstar financial inc - newstar expects to recognize a gain on sale in q4 of 2016.

* Expects to recognize a gain on sale in q4 of 2016 Source text for Eikon: Further company coverage:

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