GE announced plans to acquire two suppliers of additive manufacturing equipment, Arcam AB and SLM Solutions Group AG for $1.4 billion. read more
SEP 6, 2016 - 6:25 am
GE completed the sale of its Commercial Lending and Leasing business in India to a consortium of former GE Capital executives. read more
SEP 1, 2016 - 7:00 am
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
AUG 18, 2016 - 7:22 am
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
JUL 29, 2016 - 7:44 am
GE completed the sale of GE Asset Management, the company’s investment management arm, to State Street. read more
JUL 5, 2016 - 6:32 am
According to Bloomberg, industrial giants like Caterpillar, Textron and Deere are attracting the attention of activist investors. read more
JUN 17, 2016 - 7:01 am
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
JUN 8, 2016 - 7:36 am
Reuters reported South Korea selected GE over a European consortium to supply engines for its KF-X fighter jet project. read more
MAY 31, 2016 - 7:32 am
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
APR 11, 2016 - 8:11 am
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
MAR 31, 2016 - 7:30 am
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
MAR 4, 2016 - 7:30 am
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
MAR 3, 2016 - 6:59 am
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
FEB 29, 2016 - 6:40 am
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
FEB 1, 2016 - 7:17 am
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
JAN 14, 2016 - 7:40 am