UPDATE 3-GE sells India back office unit stake for $500 mln
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General Electric Co., the world&#39;s top conglomerate, said on Monday it had sold a majority of its pioneering Indian back-office unit to exit a non-core business
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General Mills Inc. GIS.N on  Monday said it will sell an $835 million stake in its cereal  business to an affiliate of Lehman Brothers Holding Inc.  LEH.N and use the money to buy back 16.5 million of its  common shares from Diageo Plc DGE.L.
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General Electric Co., the world&#39;s biggest company by market value, will buy back as much as $15 billion in stock and raise its dividend as Chief Executive Jeffrey Immelt&#39;s growth strategy generates more cash and profit.
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General Electric Co. will sell a majority stake in its global outsourcing business to two US-based equity firms in an all-cash deal totaling $500 million, the industrial, financial services and media conglomerate said Monday.
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Diversified manufacturer General  Electric Co. GE.N on Friday said 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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International Business Machines Corp. is selling a majority stake in its pioneering personal computer business to China&#39;s biggest computer maker, Lenovo Group Ltd.
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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
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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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NEW YORK, Aug 17  - Mills Corp. (MLS.N: Quote, Profile, Research) , adeveloper of theme shopping and entertainment malls, on Tuesday said it would pay a General Motors unit about $1.033 billion to buy a 50 percent managing stake ...
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General Electric Co. GE.N 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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Citigroup  is keen on selling 80 percent of its business process outsourcing (BPO) arm in India for $700-$750 million, the Mint said on Tuesday, on the heels of Blackstone's  acquisition of a back-office firm.
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General Electric Co. GE.N said on   Thursday it will sell its advanced materials business, which   includes silicones and quartz, to private equity firm Apollo   Management LP for about $3.8 billion in cash and securities.
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NEW YORK, Aug 17  - Mills Corp. (MLS.N: Quote, Profile, Research) , a real estate investment trust, on Tuesday said it agreed to buy a 50 percent managing stake in nine regional malls from General Motors Corp.&#39;s (GM.N: Quote, Profile, Research) ...
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Diageo has raised $2.26bn (â¬1.84bn) from the sale of 49.9 million shares of common stock held in General Mills. The shares were sold for â¬45.
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General Electric Co. raised its quarterly dividend by 10 per cent and launched a plan to buy back up to $15 billion US in shares over three years, as it projected double-digit percentage earnings growth for 2005.
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Reliance Industries Ltd., India&#39;s biggest non-state company, approved a share buyback plan disregarding opposition from Vice Chairman Anil Ambani amid a spat between the brothers running the company.
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General Electric Co., the world&#39;s biggest non-bank lender, will buy Australian Financial Investments Group for about $300 million to boost its share of that nation&#39;s mortgage market, people familiar with the plan said.