General Electric Co. (GE) Chief Executive Officer Jeffrey Immelt said the U.S. company always has “room for acquisitions” and is eyeing candidates that could cost $3 billion each, Frankfurter Allgemeine Zeitung reported today, citing an interview.
GE raised its forecast for the industrial businesses and now sees full-year revenue rising about 15 percent to $110 billion, the German newspaper said, citing the interview, which was sent via e-mail.
A GE spokeswoman, Deirdre Latour, told Bloomberg News later in a telephone interview that the Fairfield, Connecticut-based company hasn’t changed its forecast for this year. Revenue at the industrial units may increase 5 percent to 10 percent in 2012, GE said in December.
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