Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

GE Chief Immelt Sees Room for More Acquisitions, FAZ Reports

Feb. 29 (Bloomberg) -- General Electric Co. 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.

To contact the reporters on this story: Aaron Kirchfeld in Frankfurt at akirchfeld@bloomberg.net; Tim Catts in New York at tcatts1@bloomberg.net

To contact the editor responsible for this story: Ed Dufner at edufner@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.