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Tuesday, July 22, 2008
GE gets $8B for Arab investments
  General Electric is pulling out of credit cards and appliances, but it just picked up $8 billion in Abu Dhabi oil money to invest in Middle Eastern development projects. Bloomberg story here.
Posted by Joseph N. DiStefano @ 3:41 PM  Permalink | Post a comment
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About Joseph N. DiStefano
M&A deals, building projects, and other big doings that matter to people around Philadelphia. By Joseph N. DiStefano, a business reporter at the Philadelphia Inquirer. Joe previously covered giant banks at Bloomberg News in New York. He’s the author of Comcasted, a book about Philadelphia’s most valuable company. He has a degree in economics and history from Penn.
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