GE Said Nearing Factory Power Unit Sale to Advent: WSJ

The transcript discusses GE's ongoing process of selling its distributed power unit, known as Jenbacher and Waukesha. Advent International is currently leading the bid, with other companies like Cummins, KKR, and Kohler also involved. The sale is not finalized, and changes in leadership could occur. CEO John Flannery faces challenges in deciding which assets to sell, balancing investor interests, and maintaining GE's credit rating.

Which company is currently leading the process of acquiring GE's distributed power unit?

• Cummins

• Advent International

• KKR

• Kohler

Which company, known for its plumbing products, is involved in the bidding process for GE's power unit?

• Advent International

• Cummins

• Kohler

• KKR

What is a major challenge GE faces when deciding which assets to sell?

• Finding new investors

• Reducing operational costs

• Balancing asset value and sale price

• Expanding into new markets

Who is the CEO of GE trying to balance various interests during the asset sale?

• Larry Culp

• H. Lawrence Culp Jr.

• Jeff Immelt

• John Flannery

What is one of the interests that CEO John Flannery is trying to balance?

• Increasing market share

• Participating in business upturns

• Maintaining GE's credit rating

• Expanding product lines