There is no further factual news on the sale of GE Fire & Security since Bloomberg News announcement last month that GE Security had hired J P Morgan Chase to find a buyer. So the speculation continues and the list of potential suitors grows. But unfortunately GE, like all major corporates, is obliged to continue the line of “no comment”. Clearly it is not the best time for selling such a major business which has cost some $2 billion to assemble. So this begs the question why would you want to sell, at this time. I suspect that the answer to this is, to buy something at this time, which makes a better fit with your business strategy and at the same time meets GE’s enshrined ruling; if you can’t make No1 or 2 in the business then divest. Interestingly in August GE and Fanuc announced that they will dissolve their partnership by the end […]