Street Calls of the Week
Investing.com -- GE Healthcare Technologies Inc. is considering selling a stake in its China operations, according to a report from Bloomberg News, citing people familiar with the matter.
The U.S. medical technology company has engaged advisers to evaluate various options for the business, said the sources, who requested anonymity because the discussions are confidential.
A potential transaction could value the Chinese assets at several billion dollars, the sources indicated.
The deliberations are still in early stages, and the company has not made final decisions regarding the timing or size of any potential sale, according to the people familiar with the situation.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.