LONDON & RIO DE JANEIRO--13 December 2010-- GE (NYSE: GE) today announced its intention to make an offer for 100% of Wellstream Holdings PLC (LSE: WSM), a leading engineer and manufacturer of high-quality flexible pipeline products for oil and gas transportation in the subsea production industry. The terms of the transaction, which value Wellstream's share capital at £0.8 billion ($1.3 billion), offer Wellstream shareholders 780 pence in cash per Wellstream share and a special dividend of 6 pence in cash per Wellstream share.
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15-Year CSA with GMR Energy to Support 768-MW Vemagiri Power Plant Expansion
NEW DELHI, INDIA -- December 13, 2010 --- Supporting its commitment to help meet India's growing need for reliable power, GMR Energy today signed a long-term service agreement with GE (NYSE:GE) for the expansion of the Vemagiri power plant in the state of Andhra Pradesh, India. Powered by two GE Frame 9FA gas turbine-generators, the plant will produce over 768 megawatts of additional electricity by 2012, helping to support India's rapid economic growth.
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FAIRFIELD, Conn.--13 December 2010-- GE today announces the appointment of two new company officers. GE currently has 198 GE officers globally. GE officers lead large revenue generating businesses or are in critical functional roles, helping to drive growth.
Below are details on GE's two new officers:
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FAIRFIELD, Conn.--10 December 2010-- The Board of Directors of General Electric Company (NYSE: GE) today raised the Company's quarterly dividend 17% from $0.12 per outstanding share of the Company's common stock to $0.14 per outstanding share of the Company's common stock. The Board declared that the dividend is payable January 25, 2011 to shareowners of record at the close of business on December 27, 2010. The ex-dividend date is December 22, 2010.
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- Winners-Solution involved the use of Virtual Doctor and an intelligent AFB test with a possibility to keep track of defaulters after integration with the new UID System
- Runners up -- proposed solutions in containing infant mortality rate in rural India with the help of LEDs and other low cost raw materials
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MUMBAI, December 10, 2010 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new Airbus A320 aircraft to IndiGo Airlines.
IndiGo Airlines currently operates a fleet of 31 Airbus A320 aircraft to 22 destinations in India.
Dan Whitney
GE Capital Aviation Services
[email protected]
203-585-2268
203-300-8707
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SINGAPORE, December 9, 2010 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new Airbus A320 aircraft to Philippine Airlines that will be operated by AirPhil Express. The aircraft is part of GECAS' existing order book with Airbus.
AirPhil Express operates a fleet of 10 aircraft that fly to 25 destinations.
About GE Capital Aviation Services (GECAS)