WILTON, Conn.--(BUSINESS WIRE)--Nov. 24, 2004--GE Infrastructure, a unit of General Electric Company (NYSE:GE), and Ionics, Inc. (NYSE:ION) announced today that they have signed a definitive agreement for GE's acquisition of Ionics in an all cash merger for $44 per share, valuing the transaction at approximately $1.1 billion plus the assumption of existing debt. Ionics is a global leader in desalination, water reuse & recycling, and industrial ultrapure water services. Ionics will join GE Infrastructure's Water & Process Technologies business unit upon completion of the transaction.
Global company launches regional female leadership strategy with Middle East branch of GEWN
Dubai, November 24, 2004: General Electric (GE) today announced that its Middle East division has set up a GE Women's Network (GEWN) regional group to spearhead a new leadership initiative. The GEWN, which reflects the company's commitment to women's professional development and career growth, is a voluntary organisation aimed at fostering the advancement of female leaders throughout its businesses.
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JACKSONVILLE, Fla.--(BUSINESS WIRE)--Nov. 23, 2004--WinWholesale, Inc., (WinWholesale) and Business Credit Services, a unit of GE that provides innovative, business-to-business finance programs, recently signed an exclusive agreement to provide receivables management and marketing solutions to WinWholesale customers, through an open account trade credit program. The new program will be introduced to WinWholesale's nationwide customer base and is expected to help the company extend its market reach, increase operating efficiencies, lower expenses and free working capital.
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NORWALK, Conn.--(BUSINESS WIRE)--Nov. 23, 2004--GE Commercial Finance Corporate Lending announced it has provided $173.5 million in financing to United States Steel Corporation (NYSE:X).
The financing commitment from GE Commercial Finance is part of $600 million senior secured revolving loan facility, for which GE served as Co-Lead Arranger, Co-Syndication Agent and Co-Collateral Agent. GE Commercial Finance will hold its entire financing amount. The U. S. Steel facility, which replaced an existing loan facility, closed on October 22nd.
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LONDON, ENGLAND - 23. November 2004 - GE Energy wird 42 Windenergieanlagen (WEA) der 1,5 MW-Klasse für fünf Projekte in Süditalien liefern und damit 63 MW an zusätzlicher Leistung für das lokale Stromnetz bereitstellen.
Eigner der Projekte, die im 180 Kilometer nordöstlich von Neapel gelegenen Troja realisiert werden sollen, sind: Vento Energia, Bergamo Energia, Sistemi Energetici und Eolo Puglia. Troja ist als eine der windreichsten Regionen Italiens bekannt.
Die Projekte im Überblick:
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GE zum siebten Mal in Folge zum renommiertesten Unternehmen weltweit gewählt
Die internationale Untersuchung von PricewaterhouseCoopers (PwC) und der Financial Times (FT) zeigt, dass GE seit sieben Jahren die Liste der renommiertesten Unternehmen weltweit anführt.
Die wichtigsten Ergebnisse der aktuellen Untersuchung, die PwC gemeinsam mit derFT erstellt hat finden Sie hier zum Download. Befragt wurden ca. 1.000 geschäftsführende Manager aus 25 Ländern.
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CHALFONT ST GILES, United Kingdom--(BUSINESS WIRE)--Nov. 22, 2004--GE Healthcare, a division of General Electric (NYSE:GE), today announced that it has signed a contract with Fujitsu Services Ltd., the designated Local Service Provider for the southern region of the National Health Service's (NHS's) National Programme for IT.
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