General Electric Refutes Sovereign-Wealth Funds Rumors (GE)
Posted on November 20, 2008 at 10:42 AM EST
General Electric (GE) is just coming out with a denial that it plans to raise additional capital from sovereign-wealth funds. The company says the talks with Asian investors are focused on joint ventures similar to one formed earlier this year with Abu Dhabi investment agency Mubadala Development Co. There was a report out earlier that the [...]
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