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Regulatory resistance could force GE to seek other deals
Published Fri, Jul 3, 2015 · 09:50 PM
New York
US and European regulatory resistance could force General Electric Co (GE) to seek another buyer for its appliances business and different paths to expand its industrial operations in an ongoing strategic overhaul.
Chief executive Jeff Immelt wants further focus on the manufacturing of higher-margin products such as jet engines and power-generating turbines, and to move away from riskier finance earning…
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