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Medtech

GE Healthcare Explores Sale of Stake in China Unit

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Bloomberg.com

Key takeaways

  • GE Healthcare Technologies Inc
  • is reportedly exploring strategic options for its China business, including the potential sale of a stake
  • According to Bloomberg, citing sources familiar with the matter, the US-based medical technology company has engaged advisors to evaluate these options
GE Healthcare Technologies Inc. is reportedly exploring strategic options for its China business, including the potential sale of a stake. According to Bloomberg, citing sources familiar with the matter, the US-based medical technology company has engaged advisors to evaluate these options. Anonymous sources indicated that any transaction involving the China assets could be valued in the billions of dollars. The report did not offer further details on the specific options under consideration or the underlying motivations for this strategic review.

Related Topics

GE HealthcareChina businessstake salemedtech strategydivestmentinternational markets

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