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GE sells water unit in 3.2b-euro cash deal
Published Thu, Mar 9, 2017 · 09:50 PM
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New York
GENERAL Electric Co agreed to sell its water unit in a 3.2 billion-euro (S$4.78 billion) deal, putting the industrial giant a step closer to the planned merger of its oil division with Baker Hughes Inc.
The all-cash sale to French utility Suez SA and a Canadian pension fund manager com…
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