NORWALK, Conn.--(BUSINESS WIRE)--Dec. 14, 2005--GE Commercial Finance - Global Media & Communications announced today that it has provided financing for two recent management buyouts in the publishing sector. GE provided a $45 million senior debt facility for Wachovia Capital Partners' purchase of Randall-Reilly Publishing Co. and a $20 million senior debt facility for Boston Ventures' and Castanea Partners' acquisition of Medley Global Advisors LLC.
ATLANTA--(BUSINESS WIRE)--Dec. 13, 2005--Marking one of the largest power generation agreements in the country's history, Nigeria's Federal Ministry of Power and Steel has selected GE Energy to supply 18 gas turbines, additional equipment and services for five power plants in the Niger Delta area that will add more than 2,000 megawatts to the country's electricity grid.
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Jeff Immelt, Chairman and CEO, General Electric, hosted the annual outlook meeting on December 13th highlighting GE's valuable portfolio, excellent execution, strong organization and accelerating growth in 2006 & beyond.
Location: New York, NY
Jeff Immelt, Chairman and CEO, General Electric, hosted the annual outlook meeting on December 13th highlighting GE's valuable portfolio, excellent execution, strong organization and accelerating growth in 2006 & beyond.
Investor Contact Information
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TANAGER, Norway and STAMFORD, Conn.--(BUSINESS WIRE)--Dec. 13, 2005--Three GE financial businesses and ANZ, acting as joint Mandated Lead Arrangers, and Sevan Production AS, announced the signing of a US$120 million senior debt project finance facility for Sevan's first floating oil production, storage and offloading (FPSO).
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Dec. 12, 2005--GE (NYSE: GE) will Webcast its annual December meeting with investors scheduled for Tuesday, December 13 at 3:00 p.m. ET. At the meeting, GE Chairman and CEO Jeff Immelt will discuss the company's outlook for the remainder of 2005 and for 2006. The meeting and related materials will be available at www.ge.com/investor.
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New Delhi, December 12, 2005: GE Money, the consumer finance unit of the General Electric Company (GE), today announced the launch of its first TV commercial in India. Conceptualised by JWT, the TV commercial for GE Money personal loans features children to demonstrate simplicity, ease and innovation, with the core message being that GE Money is a Can-do brand that has the ability to say "Yes" to people in need, even when others are saying 'No'.
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HOUSTON, TEXAS - December 12, 2005 : --GE's oil and gas business will supply two turbo-compressor trains to Pluspetrol Per'u Corporation S.A., the operator of Block 56 of the Pagoreni gas field, a remote region 500 kilometers east of Lima, Per'u
Block 56 is owned by a joint venture headed by Pluspetrol Per'u Corporation S.A. and also including Hunt Oil Company of Per'u LLC; SK Corporation Sucursal del Per'u, Tecpetrol del Peru S.A.C. and Sonatrach Per'u Corporation S.A.C.
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First Unit Set for Tangguh LNG Project in Indonesia
HOUSTON, TEXAS - December 12, 2005 : -- GE Energy recently completed successful testing of its new AN250 axial compressor, which is based on the proven technology of the existing AN200 compressor while offering a 20% increase in capacity, GE reported today at the 34th Turbomachinery Symposium.
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KETTERING, Ohio--(BUSINESS WIRE)--Dec. 12, 2005--GE's Retail Sales Finance unit and the Independent Jewelers Organization (IJO) are collaborating on a new consumer credit program that began launching nationwide in November 2005.
The Master IJO Jeweler "Jewelry Express" program will be available through more than 850 IJO retailers, and provides on-the-spot applications, credit decisions within minutes, special promotions and competitive interest rates.