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Illustration 60886103 / Kheng Ho To / Dreamstime
Illustration 60886103 Kheng Ho To / Dreamstime
60886103 / Kheng Ho To / Dreamstime
60886103 / Kheng Ho To
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Hye Jin Kang / DreamsTime
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy

GE in talks with China's XD Group to sell power transformers business

May 14, 2013

This Bloomberg report says GE is in discussions with China's XD Group to sell its Prolec power transformers business unit for the power and transmission segment of the utility market for up to $1 billion.