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KM Financial Solutions | UPDATE 4-Advent takes over GE distributed power unit for $3.25 bln
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UPDATE 4-Advent takes over GE distributed power unit for $3.25 bln

24 Jun UPDATE 4-Advent takes over GE distributed power unit for $3.25 bln

Posted at 21:13h in News by
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NEW YORK/FRANKFURT, June 25 (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.

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