General Electric, Acquisition | featured news

General Electric Co is buying oilfield pump maker Lufkin Industries Inc for $2.98 billion, sharply increasing its presence in the fast-growing market to extract oil and natural gas from shale rock, the conglomerate said on Monday.

Comcast says it's buying General Electric's 49 percent stake in NBCUniversal joint venture for $16.7 billion.

General Electric is on the verge of finalizing a deal to buy Italian aerospace group Avio for as much as €3 billion ($4 billion), according to people familiar with the negotiations.

Reports say regulators are on the verge of approving purchase of 51% stake in media giant from General Electric.

General Electric Co. is buying privately held Lineage Power Holdings Inc. in a deal worth about $520 million so its energy unit can gain a foothold in the power conversion space.