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Thursday, 23 May 2013

GE's $3.2 bln buy comes with motivated managers

Payoff power

The purchase of Converteam brings GE's energy M&A spree to $11 bln since October. The firm boasts impressive growth and promises handsome synergies. And with Converteam's top dogs slated to pocket an extra $125 mln, they've got a strong incentive to make the deal work.

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