New York, NY and Stamford, CT. -- June 2, 2006 - Credit Suisse and GE (NYSE: GE) announced today that they intend to form a US$1 billion joint venture to invest in global infrastructure assets. The joint venture, which Credit Suisse plans to form with GE Infrastructure, intends to invest in energy and transportation infrastructure assets worldwide. Each party plans to commit US$500 million to the joint venture.
REXDALE, ON--(BUSINESS WIRE)--June 2, 2006--GE Water & Process Technologies, a unit of General Electric Company (NYSE:GE), joined the Hon. Laurel Broten, Minister of the Environment, in honouring Unilever Canada with a 2006 global ecomagination Leadership Award today. Unilever Canada received the award in recognition of their significant environmental and operational savings, which resulted in nearly 13 million gallons of water saved; an eight percent reduction of natural gas use; and an operational savings of USD $300,000.
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TREVOSE, Pa.--(BUSINESS WIRE)--June 1, 2006--GE Water & Process Technologies, a unit of General Electric Company (NYSE:GE), today announced its completion of the ZENON Environmental Inc. (TSX:ZEN and ZEN.A; OTC:ZNEVF and ZNEAF) acquisition. GE purchased ZENON, a global leader in advanced membranes for water purification, wastewater treatment and water reuse, in an all cash transaction valuing ZENON at approximately US $689 million or Cdn $763 million.
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ST. PAUL, Minn. & BEDFORD, N.H.--(BUSINESS WIRE)--May 31, 2006--GE Consumer Finance's Retail Sales Finance unit and Segway Inc. today announced a new multi-year relationship to provide revolving financing on the purchase of Segway(R) Human Transporters (HTs) and accessories under GE's FUNancing Card program. The program is available as of June 1, 2006 at any participating Segway Authorized Dealer in the U.S.
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REXDALE, Ontario--(BUSINESS WIRE)--May 31, 2006--On the morning of June, 2, 2006, join GE Water & Process Technologies, a unit of General Electric Company (NYSE:GE), and the Hon. Laurel Broten, Minister of the Environment, in honouring Unilever Canada with the 2006 global ecomagination Leadership Award. The award will be presented to Unilever Canada for their environmental leadership, which demonstrates that with strategic dedication, companies around the world can simultaneously produce better business and better environmental results.
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NEW YORK & STAMFORD, Conn.--(BUSINESS WIRE)--May 31, 2006--Credit Suisse and GE (NYSE: GE) announced today that they intend to form a US$1 billion joint venture to invest in global infrastructure assets. The joint venture, which Credit Suisse plans to form with GE Infrastructure, intends to invest in energy and transportation infrastructure assets worldwide. Each party plans to commit US$500 million to the joint venture.
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MUNICH, Germany--(BUSINESS WIRE)--May 31, 2006--With possible seating capacity of up to 850 people, the Airbus A380 is increasing the aviation insurance industry's hull and liability exposure, according to an article in the latest issue of EXPOSURE, which is published by GE Insurance Solutions.
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STAMFORD, Conn.--(BUSINESS WIRE)--May 30, 2006--GE Consumer Finance, a unit of General Electric Company (NYSE:GE), today announced a relationship with eBay Inc. and PayPal Inc. to launch the new PayPal(R) Plus Credit Card, a MasterCard credit card featuring an exciting new rewards program exclusive for PayPal users. Additionally, PayPal Plus customers receive extended purchase protection for purchases made via the PayPal Web site, access to special financing offers, and the convenience of integrated online account management and alerts.
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