GE in Talks With Four Asian Sovereign Wealth Funds (Update3)

Bloomberg.com, 20 Nov 2008, Andrew Noel

Nov. 20 (Bloomberg) -- General Electric Co., down 61 percent this year in New York, is seeking funds from China Investment Corp., Government of Singapore Investment Corp. and at least two other sovereign-wealth funds.

Talks are also being held with Temasek Holdings Pte of Singapore and China Safe Investments Ltd., Brussels-based spokeswoman Elma Peters said in a phone interview today. China Investment Corp. is the nation's $200 billion sovereign wealth fund.

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