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Politics : Idea Of The Day

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To: J. P. who wrote (38297)4/8/2001 12:17:28 PM
From: IQBAL LATIF  Read Replies (2) of 50167
 
MILAN (Reuters) - General Electric Co. (NYSE:GE - news) will continue to enjoy double-digit growth even if a planned merger with Honeywell International Inc. (NYSE:HON - news) is vetoed by EU regulators, GE Chairman Jack Welch said in an interview with Italian daily Il Sole 24 Ore published on Sunday.

``General Electric will stay a company that grows in double-digit figures annually with or without Honeywell,'' Welch was quoted as saying.

But he said GE could ``grow faster and become bigger'' if the merger was allowed to go through.

Welch was reluctant to predict when the European Union would complete its review of the merger
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