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General Electric: Bargain Hunting In The Oil Patch

2015-12-12 20:06:51| Oil & Gas - Topix.net

According to Bloomberg, General Electric is close to landing Halliburton's drill-bits and drilling-services divisions. Selling these assets is expected to raise as much as $5 billion for Halliburton, though it is unclear if the oil price crash has impacted their value.

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General Electric: Why The Electrolux Deal Collapse Doesn't Really Matter

2015-12-11 05:26:17| Appliances - Topix.net

General Electric has been busy over the last 12 months getting in shape, returning to its industrial roots, and ridding itself of non-core businesses. The company also announced a major restructuring program in April of this year that would see the conglomerate sell down its financial assets held within GE Capital and return boatloads of cash to shareholders.

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General Electric To Remain In Appliance Business A Little Bit Longer

2015-12-07 15:11:36| Appliances - Topix.net

GE pulled the plug on the sale of its appliance business after deciding it could not satisfy the concerns of the justice department. The $175 million break-up fee should add $0.02 in one-time gains to GE's fourth quarter results.

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Probe Manufacturing Completes Acquisition of General Electric International, Inc. Heat Recovery Solutions Assets

2015-10-23 12:31:06| Industrial Newsroom - All News for Today

COSTA MESA, Calif. - Probe Manufacturing, Inc. ("PMI") (OTC: PMFI) announced it has completed the purchase of the assets of GE's Heat Recovery Solutions business from General Electric International, Inc and closure of related funding agreement with ETI Partners IV LLC. The acquisition includes substantially all of...

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