Update 3: GE to Sell Stake in Global Outsourcing Unit
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General Electric Co. said Monday it will sell a majority stake in its global outsourcing business to two US-based equity firms for $500 million.
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General Electric Co. completed the sale of a majority stake in its global outsourcing business to two U.S.-based equity firms for &#36;500 million, the conglomerate said Friday.
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General Electric Co. GE.N said on  Friday that two private investment firms completed a deal to  buy a majority interest in its India-based back office unit.
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[Business India]: New Delhi, Nov 8 : General Electric Co., the world&#39;s top conglomerate, today announced that it has sold a majority of its pioneering Indian back-office unit to two private equity firms for 500 million dollars to help the subsidiary gain
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General Mills Inc.  on Monday said it will sell an &#36;835 million stake in its cereal business to an affiliate of Lehman Brothers Holding Inc.  and use the money to buy back 16.5 million of its common shares from Diageo Plc .
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GLG Partners LP, Europe's third-largest hedge fund manager, will go public in the United States through a $3.4 billion combination with Freedom Acquisition Holdings Inc.
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General Electric Co.&#39;s  energy  unit will pay $603 million for a stake in Regency Energy  Partners LP , an owner of natural gas pipelines and  storage equipment, The Wall Street Journal Online reported on  Tuesday.
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FAIRFIELD, Conn. -- General Electric Co. said Thursday it agreed to sell a majority stake in its advanced materials unit to private investment group Apollo Management LP in a deal it valued at $3.8 billion.
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General Electric Co. GE.N on Monday  said it would buy the Edwards Systems Technology business from  SPX Corp. SPW.N for nearly $1.4 billion in cash to broaden  its security business.
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The subsidiary formerly known as GECIS will instantly become a major player in the business process outsourcing industry. By Paul McDougall.
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Diversified manufacturer General Electric Co. (GE) said on Friday it boosted its quarterly dividend by 10 percent and earmarked up to $15 billion for share repurchases over the next three years.
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The real estate arm of diversified  conglomerate General Electric Co.  agreed on Wednesday to  buy a $2.2 billion portfolio of U.S. industrial, residential  and commercial properties, but said it would sell some retail  properties to another investor.
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New Delhi, Nov. 8: General Electric Capital International Services (Gecis), the global business process operations of General Electric, has offloaded a 60 per cent stake for about $500 million to two private
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General Electric Co. said Friday that two private equity firms completed a deal to buy a majority interest in its India-based back office unit.
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G.E.'s sale may set off a trend as other multinational companies move from owning back-office units to outsourcing to independent companies.
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Citigroup Inc.&#39;s CitiCapital unit said Monday it is selling its transportation finance business to GE Commercial Finance, a unit of General Electric Co.
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) on Monday said General Electric Co.&#39;s (GE.N: Quote, Profile, Research) GE Commercial Finance has agreed to provide it $500