Chinese firms prepare bids for GE lighting ops

Chinese firms prepare bids for GE lighting ops

The logo of U.S. conglomerate General Electric is pictured at the company's site in Belfort, June 23, 2014. REUTERS/Vincent Kessler

At least two Chinese companies are preparing bids for industrial conglomerate General Electric’s remaining lighting assets in a potentially $1 billion deal, according to people familiar with the situation.

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