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PE Firm Advent International Sues GE Over Failed $3B Deal

By Joanne Faulkner (November 25, 2020, 6:15 PM GMT) -- A private equity firm sued in London over its $3 billion purchase of a General Electric power unit has hit back with its own suit, accusing the conglomerate of making key omissions in financial statements used to evaluate the final price of the deal.  ...

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