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Rotating blades

4 June 2018 By Tom Buerkle

A $135 bln debt load and reduced earnings power are weighing down the $120 bln conglomerate. JPMorgan reckons CEO John Flannery needs to raise $30 bln to cut leverage, and the company’s dividend could be in further danger. GE’s 63 pct Baker Hughes stake is the ripest for a sale.

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