DURBAN, SOUTH AFRICA -- SEPTEMBER 7, 2007 - Ethekwini Hospital and Heart Centre (EHHC) and GE Healthcare, recently signed the first 'One GE Healthcare' contract in South Africa. According to this strategic agreement, GE Healthcare will supply all the cardiology departments of the new 250-bed hospital with a range of cardiology-related technology and equipment.
The hospital is currently under construction, and it is anticipated that it will open its doors to the community in mid-2008.
CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services has provided a $320 million senior secured credit facility to Saint Vincent Catholic Medical Centers of New York, one of the largest healthcare systems in the New York Metro area. The financing, which consists of a $50 million revolving credit facility and $270 million real estate based term loan, will support the hospital's exit from Chapter 11 Bankruptcy.
ANA Affinity MasterCard[TM] Offers Customized Rewards Program
STAMFORD, Conn.--(BUSINESS WIRE)--GE Money, the consumer lending unit of General Electric Company (NYSE:GE), and the American Nurses Association (ANA), the largest national nursing association representing the interests of the nation's 2.9 million Registered Nurses (RNs), today announced they will offer an ANA Rewards Platinum MasterCard® credit card to its members and prospective members in the U.S.
Provident Bank Rewards Platinum MasterCard® and Business MasterCard Offered in Maryland, Virginia & Pennsylvania
STAMFORD, Conn.--(BUSINESS WIRE)--GE Money, the consumer lending unit of General Electric Company (NYSE:GE), and Provident Bank (NASDAQ: PBKS), Maryland's largest independent commercial bank, today announced they will offer a Provident Bank Rewards Platinum MasterCard® and ProductivitySM Card for Business MasterCard to its customers in Maryland, Virginia and Southern York County, PA.
*First centre was opened in Bangalore in June 2007.
*Second centre is being set up in Chennai
*GE Healthcare and HCG plan to launch a network of super specialty centers across India to meet the growing oncology needs.
*GE's breakthrough Discovery™ VCT PET/CT, premium 64 channel combination PET and Volume CT system will aid the early detection and treatment of cancer, heart disease, and neurological disorders
CHICAGO--(BUSINESS WIRE)--GE Antares Capital today announced it served as administrative agent for a $208.75 million senior secured credit facility for the recapitalization of Woodstream Corporation, a portfolio company of Brockway Moran & Partners and Code Hennessy & Simmons LLC. GE Capital Markets served as sole lead arranger and sole bookrunner.
TOKYO--(BUSINESS WIRE)--GE Commercial Finance announced today that Nancy Ku has been named President and CEO, GE Commercial Finance China. This marks the launch of a new integrated approach to the market for GE Commercial Finance.
"With Nancy's terrific track record in equity and corporate finance we will accelerate growth and expand our footprint in China, a critical market for GE," said John Flannery, President and CEO, GE Commercial Finance Asia.
CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services continues to show its commitment to the senior housing industry with a $207 million first mortgage for the Atria Senior Living Group. Louisville-based Atria -- the eighth largest provider of retirement and assisted-living services in the United States -- owns and operates 124 communities in 27 states.
LONDON--(BUSINESS WIRE)--GE Energy today announced a recommended cash offer of ₤289 million to acquire Sondex plc, a company listed on the London Stock Exchange, to further expand its capability and expertise in oil & gas production technologies.
Sondex is headquartered in Hampshire in the UK and specializes in the design, manufacture and sale of electro-mechanical downhole tools and surface equipment to oilfield service companies who run well-site operations on behalf of oil and gas production companies.
