GE Healthcare (GEHC.US) is considering selling its Chinese business, with a valuation potentially reaching several billion US dollars.
According to the Zhijing Finance and Economics APP, sources familiar with the matter said that GE Healthcare Technologies (GEHC.US) is exploring various options, including selling shares of its Chinese subsidiary. The sources said that the American medical technology company has been working with advisors to assess the prospects of this business. The sources also indicated that potential deals could value these Chinese assets at several billion US dollars. These considerations are still in the preliminary stages and no final decisions have been made on the timing and scale of any potential divestment.
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