NORWALK, Conn.--(BUSINESS WIRE)--Aug. 2, 2006--GE Commercial Finance - Global Media & Communications today announced that it has closed a $217 million senior credit facility for Christie/AIX, a subsidiary of Access Integrated Technologies, Inc. Proceeds from the facility will be utilized for Christie/AIX's nationwide conversion of 4,000 theater screens to a digital format. The deal is the first-of-its-kind within the industry and closed August 1.
NORWALK, Conn.& HONG KONG--(BUSINESS WIRE)--Aug. 1, 2006--GE Commercial Finance - Global Media & Communications today announced a deepening of its commitment to the Asia-Pacific region with the relocation of managing director Bhupesh Gupta to Hong Kong. He will join Daniel Camacho, a Global Media & Communications director who recently joined the team, while continuing to be responsible for leading GE's telecom, cable, media and entertainment financing initiatives in the region.
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NORWALK, Conn.& HONG KONG--(BUSINESS WIRE)--Aug. 1, 2006--GE Commercial Finance - Global Media & Communications today announced a deepening of its commitment to the Asia-Pacific region with the relocation of managing director Bhupesh Gupta to Hong Kong. He will join Daniel Camacho, a Global Media & Communications director who recently joined the team, while continuing to be responsible for leading GE's telecom, cable, media and entertainment financing initiatives in the region.
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CHALFONT ST GILES, England--(BUSINESS WIRE)--July 31, 2006--GE Healthcare, a unit of General Electric Company (NYSE:GE) today announced that GE Healthcare has exercised the exclusive option to license PhotoCure's product Hexvix(R) (hexaminolevulinate), an optical molecular imaging agent intended for the diagnosis and monitoring of bladder cancer, for the US market. This is an extension of the agreement signed earlier this year that afforded GE Healthcare exclusive global rights outside of the Nordic region to market and distribute PhotoCure's product Hexvix.
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NORWALK, Conn.--(BUSINESS WIRE)--July 31, 2006--GE Commercial Finance - Global Media & Communications announced today that it has closed a deal providing Van Wagner Communications with a $200 million senior secured facility. Van Wagner is one of the nation's leading outdoor advertising companies with significant positions in major markets such as New York, Los Angeles and Washington DC. GE is the administrative agent in the deal, which is a fully underwritten transaction. GE has been Van Wagner's lead lender since 2002.
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CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--July 31, 2006--GE Fanuc Automation, Inc., a unit of GE Industrial, and Packaging World, a leading publication in the packaging industry, hosted a webinar that focused on how one global brewing company, ranked among the top 10 brewers in the world, integrated its process-to-packaging flow to achieve its quality and business goals.
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NORWALK, Conn.--(BUSINESS WIRE)--July 31, 2006--GE Commercial Finance - Global Media & Communications announced today that it has closed a deal providing Van Wagner Communications with a $200 million senior secured facility. Van Wagner is one of the nation's leading outdoor advertising companies with significant positions in major markets such as New York, Los Angeles and Washington DC. GE is the administrative agent in the deal, which is a fully underwritten transaction. GE has been Van Wagner's lead lender since 2002.
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GE's New Tool to Help Operators Protect Vital Pipelines, Delicate Ecosystems
HOUSTON, TEXAS -- July 28, 2006 :- GE's Pipeline Solutions group has developed SmartScan DS, a new multi-diameter in-line inspection (ILI) tool for deep-sea pipelines, to help operators overcome key obstacles to expanding into previously inaccessible offshore fields.
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TORONTO--(BUSINESS WIRE)--July 27, 2006--GE Commercial Finance today announced new leadership in Canada for its North American Corporate Lending business providing customers an expanded and smarter suite of financial solutions, delivered locally and tailored to the lifecycle needs of their business.