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General Electric to buy up mining specialists Industrea and Fairchild International

Cecilia Jamasmie | May 16, 2012 | 6:30 pm Australia Europe 

General Electric (NYSE: GE) announced it is pursuing acquisitions of two underground mining equipment manufacturers in support of the global expansion of its mining business. In a press release, GE said it has offered nearly $695 million for Australia-based Industrea...

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