GE completed the previously announced sale of GE Capital, Transportation Finance in the U.S. and Canada, representing $8.9 billion of net earning assets, to BMO Financial Group. read more
DEC 2, 2015 - 6:15 am
The GE Health Cloud was unveiled at the 101st annual RSNA meeting in Chicago. GE said the new cloud will connect to more than 500,000 GE imaging machines, shifting image post-post-processing from on-site machines to the cloud. read more
NOV 30, 2015 - 7:43 am
Synchrony Financial completed its separation from General Electric, allowing the financial services company to become a standalone entity. In related news, GE completed its exchange offer for shares of Synchrony. read more
NOV 18, 2015 - 7:05 am
According to the Wall Street Journal, Sumitomo Mitsui Financial Group and Shinsei Bank are the last two bidders in the running for GE’s roughly $5 billion Japanese commercial finance unit. read more
NOV 16, 2015 - 6:36 am
GE completed the acquisition of Alstom’s power and grid businesses, its largest-ever industrial acquisition. read more
NOV 3, 2015 - 6:39 am
According to the Wall Street Journal, the U.S. government rejected an antitrust settlement proposal from Electrolux in its efforts to close a $3.3 billion purchase of GE’s home-appliance business. read more
NOV 2, 2015 - 7:38 am
GE reached an agreement with UK Export Finance to access export financing for up to $12 billion. read more
SEP 25, 2015 - 7:10 am
In another move to reduce the size of its financial business, GE will explore opportunities to sell GE Asset Management (GEAM) to another leading investment management firm. read more
SEP 11, 2015 - 7:17 am
The European Commission approved the acquisition of Alstom’s energy businesses by General Electric subject to divestment of central parts of Alstom’s heavy duty gas turbines business to Ansaldo. read more
SEP 9, 2015 - 6:32 am
According to the Wall Street Journal, the European Union will approve GE’s $17 billion acquisition of Alstom SA’s power business. read more
SEP 8, 2015 - 7:19 am
The Wall Street Journal reported several Japanese megabanks submitted nonbinding bids for GE's Japanese commercial finance operations, which are expected to several billion dollars. read more
SEP 4, 2015 - 7:08 am
Citing sources familiar with the matter, Bloomberg reported that GE has eliminated Dallas as a possible headquarters relocation site due to the state’s opposition to the U.S. Export-Import Bank. read more
SEP 1, 2015 - 6:58 am
Bloomberg reported Wells Fargo and TD Bank are exploring offers for a batch of U.S. commercial-lending businesses General Electric Co. is selling as it whittles down its finance arm. read more
JUN 12, 2015 - 7:42 am
GE announced it reached an agreement to sell its U.S. Sponsor Finance business and a $3 billion bank loan portfolio to Canada Pension Plan Investment Board in a transaction valued at approximately $12 billion. read more
JUN 10, 2015 - 7:31 am
GE reportedly is using its own metric to value its finance arm’s assets. read more
JUN 9, 2015 - 7:35 am
Terry Mulreany
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