GE Said Nearing Factory Power Unit Sale to Advent: WSJ

GE Said Nearing Factory Power Unit Sale to Advent: WSJ

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Interactive Video

Business

University

Hard

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The transcript discusses GE's ongoing process of selling its distributed power unit, known as Jenbacher and Waukesha. Advent International is currently leading the bid, with other companies like Cummins, KKR, and Kohler also involved. The sale is not finalized, and changes in leadership could occur. CEO John Flannery faces challenges in deciding which assets to sell, balancing investor interests, and maintaining GE's credit rating.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the name of the power unit mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Who is currently leading the process of selling according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Which companies are mentioned as being in the mix for the sale?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What dilemma is CEO John Flannery facing regarding the sale of assets?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the interests that CEO John Flannery is trying to balance?

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