GE to sell 60% stake in outsourcing unit for $500 mln
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LONDON (CBS.MW) -- General Electric Co. (GE) said it will sell a majority interest in its India-based global business-processing operation GE Capital International Services for $500 million in cash to private
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General Electric Co.'s  consumer  finance arm plans to close 60 percent of its personal loan  branches in Japan and shed up to 400 employees amid an  industrywide slump prompted by tighter regulation.
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General Electric Co. (GE.N: Quote, Profile, Research) on Monday said it would buy the Edwards Systems Technology business from SPX Corp.
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The General Electric Co. said Monday it had sold a 60 percent stake in its pioneering back- office unit in India to two private equity firms for $500 million.
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U.S. energy company El Paso Corp.,  which has struggled with heavy debts since 2001, has decided to  sell its Asian power assets to raise an estimated $500 million,  sources familiar with the plan said on Wednesday.
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Roughly 5,600 German employees of General Motors Corp. have agreed to accept buyouts offered as part of the world's biggest automaker's efforts to slash jobs in Europe, a labor official said Friday.
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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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Merrill Lynch plans to sell its capital lending business to General Electric's commercial finance arm.
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General Motors said it was buying 50 percent of the Italian diesel engine maker VM Motori from Penske Corporation.
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El Paso Corp., the natural gas pipeline giant, on Wednesday said it entered into an agreement to sell its interest in subsidiaries that supply power to Public Service Electric &amp; Gas Co.
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General Electric is selling a 60% stake in its business process outsourcing subsidiary in India, for about $500m (Â£270m). GE was one of the first multinational companies to outsource back-office work, datacentre
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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 Motors Corp.  on Thursday  said it reached a deal to sell its Allison Transmission unit  for $5.6 billion to private-equity firms Carlyle Group and Onex  Corp.
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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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Energy Transfer Partners L.P. ETP.N   on Friday said it will buy Transwestern Pipeline from GE Energy   Financial Services and Southern Union Co. SUG.N for about   $1.47 billion.
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General Electric Co. GE.N on Monday  said it would buy a fire detection systems business from SPX  Corp. SPW.N for nearly $1.4 billion in cash in a move to  bolster its infrastructure business.
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Soon after announcing the $500 million deal to divest 60 per cent in GE Capital International Services (Gecis) to General Atlantic Partners and Oak Hill Partners, Pramod Bhasin, President &amp; CEO, Gecis, spoke to Business Standard.