GE to sell health IT assets in $1.05B private-equity deal

GE AGREED TO SELL a portion of its health care business for $1.05 billion. / BLOOMBERG FILE PHOTO/AKOS STILLER
GE HAS AGREED TO SELL a portion of its health care business for $1.05 billion to Veritas Capital. / BLOOMBERG FILE PHOTO/AKOS STILLER
NEW YORK - General Electric Co. agreed to sell a portion of its health care business for $1.05 billion as management streamlines the operations and looks to pull the company out of a deepening slump. Private-equity firm Veritas Capital will buy a trio of information-technology assets in GE Healthcare’s value-based care division, GE said Monday in…
To read the full story, Subscribe or
Subscribe to PBN
- Advertisement -