GE says not seeking sovereign-wealth investment

Reuters, 20 Nov 2008, Scott Malone

NEWTON, Mass., Nov 20 (Reuters) - General Electric Co said on Thursday it has no intention of raising additional capital from sovereign-wealth funds.

The company is in talks with Asian investors about joint ventures similar to one formed earlier this year with Abu Dhabi investment agency Mubadala Development Co, said GE spokesman Russell Wilkerson.

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