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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: MARK C. who wrote (23360)4/4/1999 10:28:00 AM
From: kathyh  Read Replies (2) of 90042
 
look at my edit...


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GECset for 1.5 bln stg telecom deals-papers

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LONDON, April 4 (Reuters) - General Electric Company GEC.L
is close to finalising telecoms deals worth 1.5 billion pounds,
newspapers said on Sunday.
Sunday Business said Fore Systems FORE.O, valued at $2.5
billion, was the most likely target for GEC. The Sunday Times
said GEC had almost completed talks with a U.S. data-networking
group worth around one billion pounds and Bosch's ROBG.F
telecoms unit worth about 500 million pounds.
No one at GEC was immediately available to comment.


($1=.6244 Pound)
REUTERS
Rtr 08:11 04-04-99

Copyright 1999, Reuters News Service

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