Stock Groups

GE Aviation ready to look at acquisitions if make sense, CEO says -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – The logo for the U.S. conglomerate General Electric can be seen at Belfort’s energy branch, France. February 5, 2019. REUTERS/Vincent Kessler

DUBAI, (Reuters) – GE Aviation will consider acquisitions if required to add complementary technologies to shape the future of flying without having to wait for a plan to dissolve its parent. General Electric (NYSE:) Monday’s top executive of the company.

John Slattery (CEO, GE Aviation) stated that if the strategic goals are aligned and assuming there is a business case to support it, he was open to exploring opportunities.

He stated, “I want it to be clear that we have opportunities to become strategic in the marketplace today,” during a Dubai Airshow interview. He also said such opportunities are “probably deeper and wider in systems than they are in jet engines.”

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]