NEW YORK/FRANKFURT (Reuters) - U.S. buyout group Advent agreed to buy General Electric Co's distributed power unit for $3.25 billion, the companies said on Monday, marking GE's exit from a growing ...

LONDON (LPC) - General Electric’s Distributed Power business is set to launch a US$2.2bn-equivalent all-loan financing backing its buyout by Advent after the summer, banking sources said on Wednesday.