MUSCAT / WAM The latest data released by the Statistical Centre for the Cooperation Council ...
Read More »GE to sell power unit to Advent for $3bn
Bloomberg General Electric Co. is nearing the sale of its factory power-generation unit to Advent International for at least $3 billion, the Wall Street Journal reported. The private equity firm apparently triumphed over a competing bid from Cummins Inc. and a transaction may be announced, the newspaper reported, citing people familiar with the matter who weren’t identified. The assets include ...
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