13th December 2010
"General Electric has agreed to buy Wellstream, the UK oil and gas services group, for approximately £800m as part of an aggressive expansion into energy services. GE, which has twice been rebuffed by Wellstream, confirmed on Monday it will pay 786p a share, including a special 6p a share dividend, for the UK group."
Elderly comments: "Well,well, this idiot is back on the scene. Myner is the government clown that signed off Fred the Shreds enormous pension pay off, he obviously thought that Fred had done a brilliant job at RBS and should be rewarded accordingly, so I think we should all just ignore this idiot and perhaps he will just go away.