| GE and FANUC Announce Agreement to Dissolve Joint Venture |
| Thursday, 19 November 2009 06:20 |
 GE and FANUC announced that the two companies have agreed to dissolve the GE Fanuc Automation Corporation joint venture. This agreement would allow each company to refocus its investments to grow its existing businesses and pursue its respective core industry expertise. GE and FANUC expect the transaction to be completed by the end of this year, subject to satisfactory customary closing conditions.
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