GE Related Content

GE to Acquire Additive Manufacturing Companies for $1.4B

GE announced plans to acquire two suppliers of additive manufacturing equipment, Arcam AB and SLM Solutions Group AG for $1.4 billion. read more

GE Sells Lending/Leasing Business in India to Former Execs

GE completed the sale of its Commercial Lending and Leasing business in India to a consortium of former GE Capital executives. read more

GE Surpasses $1.5B in Infrastructure Sales to Olympic Cities since 2006

GE, which has been a worldwide partner of the Olympic Games since 2006, has exceeded $1.5 billion in infrastructure sales related to the games over the last decade. read more

GE Sells Stake in Penske Truck Leasing to Penske Automotive Group

GE signed and closed the sale of a 14.4% limited partner interest in Penske Truck Leasing to Penske Automotive Group. The sale represents ending net investment of approximately $0.4 billion and leaves GE with a 15.5% limited partner interest in the business. read more

GE Completes Sale of Asset Management Business to State Street

GE completed the sale of GE Asset Management, the company’s investment management arm, to State Street. read more

Activist Investors May Target GE, Caterpillar, Other Industrials

According to Bloomberg, industrial giants like Caterpillar, Textron and Deere are attracting the attention of activist investors. read more

Ex-Petrobras Exec Accuses Alstom, GE of Bribes

According to Bloomberg, Nestor Cervero, a former Petrobras executive told investigators that Alstom and GE won contracts by paying bribes more than 10 years ago. read more

GE Wins Deal to Supply Engines to South Korea Fighter Jet Project

Reuters reported South Korea selected GE over a European consortium to supply engines for its KF-X fighter jet project. read more

GE Oil Could Be Next in Line for Baker Hughes

According to Bloomberg, GE could emerge as the most likely bidder for Baker Hughes if the oilfield service company’s planned merger with Halliburton falls through. read more

GE Sells Asset Management Arm to State Street

State Street will acquire GE Asset Management, GE’s investment management arm, for up to $485 million, subject to adjustments. The sale is expected to close in Q3/16. read more

GE Appliance Unit Sale to Haier Receives Anti-Trust Approval

Reuters reported that U.S. anti-trust authorities have approved the proposed $5.4 billion sale of GE’s appliance business to China's Haier Group. read more


GE to Sell India Commercial Leasing Business

GE entered an agreement to sell GE Capital’s India Commercial Lending and Leasing businesses to a consortium of former GE Capital management backed by AION Capital Partners, subject to regulatory approval.  read more

GE Completes Divestment of Power Generation Assets to Ansaldo Energia

GE closed its transaction to divest assets to Ansaldo Energia. The final purchase price was €120 million ($130.66 million) and the divestment is part of GE’s acquisition of Alstom’s Power and Grid businesses. read more

GE Oil & Gas Signs $700MM in Customer Agreements

GE Oil & Gas announced three agreements totaling an estimated value of $700 million. The agreements are with Petroleum Development Oman, First Northeast Electric Power Engineering and SBM Offshore. read more

GE Moves Headquarters to Boston

GE announced that it will relocate its corporate headquarters to Boston from Fairfield, CT. The move is expected to begin in the summer of 2016 and finish by 2018. read more

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