NEW YORK (
is shopping its security business, which makes everything from fire alarms to surveillance cameras for homes and businesses, according to a report Wednesday by
, citing three people with knowledge of the matter.
to advise it on the sale, which could fetch $2 billion, the report stated.
Potential buyers for the business could include
, according to the report.
The news appeared to have no immediate effect on shares of GE, which closed down 1.33% to $14.11.
Written by Dan Freed in New York