PARIS and STAMFORD, Conn.--(BUSINESS WIRE)--GE Energy Financial Services, the energy investing unit of GE (NYSE:GE), and Theolia announced today the completion of a previously announced transaction that will significantly increase Theolia's wind generation portfolio in Europe, bring it additional capital to fund growth, and form an alliance to access additional wind project development opportunities and structured capital expertise between the two companies.
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GE Money is exclusive credit partner for Gap Inc. and all its retail brands.
STAMFORD, Conn.--(BUSINESS WIRE)--Furthering its growth strategy, GE Money, the consumer lending unit of General Electric Company (NYSE:GE), and Gap Inc. today announced that they will offer a Visa credit card to customers of Gap, Banana Republic, and Old Navy. GE Money also will continue to provide private label credit card programs for Gap Inc. through 2013.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced the appointment of David Gozdecki as a managing director of the restructuring finance team, providing turnaround and restructuring finance to midsize and larger companies in the Midwest U.S. and Canada.
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CHICAGO--(BUSINESS WIRE)--GE Antares Capital today announced it served as administrative agent for a $101 million senior secured credit facility in the recapitalization of NEPTCO Incorporated, a portfolio company of Cornerstone Equity Investors and Nautic Partners. GE Capital Markets served as sole lead arranger and bookrunner.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Members of two unions representing 14,080 General Electric Company employees have approved new four-year national labor contracts with GE. Union officials informed GE that voting by members of the International Union of Electronic Workers-Communications Workers of America (IUE-CWA) and the United Electrical, Radio and Machine Workers of America (UE) was completed Thursday.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--GE today announces the appointment of ten new company officers. GE currently has 193 GE officers globally. GE officers lead large revenue generating businesses or are in critical functional roles, helping to drive growth.
Below is the list of GE's ten new officers:
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CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services announced today it closed a $1.3 billion senior secured credit facility for Inverness Medical Innovations, Inc. (AMEX:IMA) to support the acquisition of Biosite Incorporated (Nasdaq:BSTE). GE Healthcare Financial Services serves as Administrative Agent for the facility. GE Capital Markets and UBS Investment Bank were Joint Lead Arrangers for the facility.