NEW DELHI: General Electric Co (GE) is holding discussions on partnerships or an initial public offering (IPO) for its NBC Universal unit, chief executive Jeffrey Immelt said, as expectations grow about a deal with cable operator Comcast Corp.
“Discussions are ongoing whether it is an IPO or another partnership,” Immelt told reporters yesterday in response to a question on whether GE was talking to Comcast to sell a stake in NBC Universal (NBCU).
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