BRIEF-ISC Fresh Water Investment FY 2016 net profit up at 5.6 mln euros
UPDATE 4-GE merges power units as exec who lost out on GE CEO job retires
SEATTLE, June 14 General Electric Co said on Wednesday it will combine its power and energy distribution businesses to create its largest unit by revenue as the top executive at GE Power announced his retirement after failing to win the conglomerate's CEO job.