Wolong Electric Group to acquire GE's small industrial motors business for $140M

Wolong Electric Group Co., Ltd. agreed to acquire the small industrial motors business of General Electric Company for approximately $140 million. The transaction includes several GE entities and is subject to regulatory approval.

“Wolong Electric Group Co.,Ltd. agreed to acquire small industrial motors business of General Electric Company for approximately $140 million.”marketscreener.com

• 1 source
• marketscreener.comWolong Electric Group Co.,Ltd. agreed to acquire small industrial motors business of General Electric Company (NYSE:GE) for approximately $140 million.MarketScreenerDec 24, 2017

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