Chuan Mu Linsen and Foshan Lighting bid for GE business transaction value of up to 1 billion US dollars

Reuters quoted people familiar with the matter as saying that at least two Chinese companies are preparing to bid for the remaining lighting assets of General Electric (GE), and the potential transaction value may reach $1 billion. Reuters quoted people familiar with the matter as saying that at least two Chinese companies are preparing to bid for the remaining lighting assets of General Electric (GE), and the potential transaction value may reach $1 billion. Chuan Mulinsen and Foshan Lighting bid for GE lighting business value of up to 1 billion US dollars. One person familiar with the matter said that the two lighting equipment manufacturers headquartered in Guangdong, Mulinsen and Foshan Lighting, are negotiating with the lender for the asset. Potential acquisitions provide funding. GE sent an introduction to the sale process to interested companies on Monday. Another source said that the information memorandum will be released in a few weeks before the first round of bidding. GE CEO John Flannery has announced plans to withdraw $20 billion in assets, including lighting, transportation, industrial solutions, and other areas that have matured this old American giant for decades, and will focus only on Three businesses, including electricity, aviation and healthcare equipment.

Hydraulic Support System Seals Kits

Hydraulic Support System Seals Kits

Hydraulic sealing equipment widely used in mine engineering and support system in tunnels
Mining hydraulic support sealing kit
Design description
The piston combined seal consists of a sealing ring, an elastomer and two retaining rings.
The sealing ring plays a sealing role, and the material is high-performance water-resistant polyurethane;
Elastomer provides elastic preload and wear compensation, and the material is NBR;
The retaining ring plays a protective role against extrusion,
The material is polyformaldehyde (POM).
Operating conditions
Maximum pressure: 70MPa,
Maximum speed: 0.3m/s
Temperature range: - 35 ° C~+110C
Working medium: 5% emulsion (HFA)

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