NEW YORK/FRANKFURT (Reuters) - U.S. buyout group Advent agreed to buy General Electric Co's distributed power unit for $3.25 billion, the companies said on Monday, marking GE's exit from a growing segment of the power business.
Reuters: Business News, Reuters: Business
Mon, 06/25/2018 - 9:13am
NEW YORK/FRANKFURT (Reuters) - U.S. buyout group Advent agreed to buy General Electric Co's distributed power unit for $3.25 billion, the companies said on Monday, marking GE's exit from a growing segment of the power business.