GE chief Culp sells biopharma business for $21.4 billion

February 25, 2019 by  
Filed under News

Shares of General Electric Co surged more than 15 percent on Monday after the industrial conglomerate said it would sell its biopharma business to Danaher Corp for $21.4 billion, its first major asset sale under new Chief Executive Officer Larry Culp.

Source: Reuters Business News

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