CHICAGO--GE Antares today announced it closed a transaction as administrative agent for a $126 million senior secured and senior subordinated credit facility to support the acquisition of Lewis-Goetz and Company, Inc. by Audax Group. GE Capital Markets served as sole lead arranger and bookrunner.
business unit
tags
http://genewscenter.com/imagelibrary/downloadMedia.asp?MediaDetailsID=688
General Electric's profits have surged in recent years, yet its shares remain mired in the mid-30s. Why the stock could top 50, even if the company isn't broken up.
business unit
LE BOURGET, France--Airlines operating Boeing 737s in Europe have been given the "Green light" to use an optimized landing approach that significantly reduces the amount of fuel used during arrival and approach operations, thereby reducing CO2 and NOx emissions by roughly 20% compared to standard arrival procedures.
business unit
tags
The General Electric Company and the national leaders of its two largest unions have reached tentative agreements on new four-year labor contracts. The agreements are subject to review by union negotiating committees and ratification by union members by June 28.
NEW YORK, N.Y. -- June 17, 2007 -- The General Electric Company and the national leaders of its two largest unions have reached tentative agreements on new four-year labor contracts. The agreements are subject to review by union negotiating committees and ratification by union members by June 28.