GE close to finalizing plastics sale to Sabic: reportNEW YORK (Reuters) - General Electric Co. is close to selling its plastics unit for almost $11 billion to Riyadh-based chemicals company Saudi Basic Industries Corp. 2007-05-18 13:10:00 see all
GE shares rise as report calls plastics-unit sale imminent (at MarketWatch)General Electric Co. shares rose Friday after a media report that the conglomerate was close to picking a winning bidder for its plastics division in a deal that could pull in $11 billion. 2007-05-18 19:06:00 see all
G.E. Nears a Deal to Sell Plastics UnitThe $11 billion deal would sell G.E.’s plastics division to Saudi Arabia’s largest public company, the Saudi Basic Industries Corporation. 2007-05-18 04:01:00 see all
GE Nears Deal in Plastics AuctionGE is close to a deal to sell its plastics division for nearly $11 billion -- more than expected -- to Saudi Basic Industries. 2007-05-18 05:13:00 see all
Saudis Buying GE PlasticsA deal worth around $11 billion with the kingdom's biggest non-oil company will be announced Monday. 2007-05-18 14:49:00 see all
Out of the Gate: General Electric (AP)Shares of General Electric Co. jumped in early trading Friday, on media rumors that the industrial, media and financial conglomerate is close to an agreement to sell its lagging plastics unit, valued at about $11 billion. 2007-05-18 16:09:00 see all