FAIRFIELD, Conn. and ABBOTT PARK, Ill.--(BUSINESS WIRE)--General Electric Company (NYSE: GE) and Abbott (NYSE: ABT), a global leader in medical diagnostic instruments and tests, announced today that they have entered into a definitive agreement for GE to acquire Abbott's primary in vitro diagnostics businesses and Abbott Point-of-Care diagnostics business (formerly known as i-STAT) for $8.13 billion in cash. Abbott's Molecular Diagnostics and Diabetes Care businesses are not part of the transaction and will remain part of Abbott.
BEIJING, CHINA, JANUARY 16, 2007 -- GE, a worldwide sponsor of the Beijing 2008 Olympic Games, has signed contracts to make significant contributions to more than 150 projects addressing infrastructure needs for the Beijing 2008 Olympic Games including security, plastics, energy, lighting and water treatment. GE continues to bid on many projects in Beijing to demonstrate its capability to provide complete solutions for the 2008 Games and its commitment to help Beijing host the largest, most technologically advanced Olympic Games ever.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--General Electric Company (NYSE:GE) announced today that it agreed to purchase Smiths Aerospace, a U.K.-based supplier of integrated systems for aircraft manufacturers and components for engine builders, for $4.8 billion in cash. The deal is subject to approval by Smiths Group shareowners as well as customary regulatory reviews.
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CBRail is delighted to announce that it has signed a purchase contract with GE Transportation for the modernisation of 20 M62/ST44 diesel electric locomotives in Poland, with an option for a further 10. The M62/ST44 has been a solid workhorse of the Polish fleet over the years, but requires a modernisation programme to improve reliability and reduce operating costs.
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As a Gold Sponsor at Arab Health, GE reaffirms commitment to help transform healthcare delivery in the Middle East
Dubai, UAE; December 26, 2006: GE Healthcare, the US$15 billion healthcare business of global technology, mediaand financial services major General Electric Company (GE), will unveil its latestrange of innovative diagnostic imaging technologies and solutions at Arab Health2007 -- the Middle East's largest healthcare exhibition being heldfrom January 29 to February 1, 2007 in Dubai.
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Kuala Lumpur, 15 December 2006 -- AirAsia, the leading low fare airline in Asia, has selected CFM International's CFM56-5B engine to power its 40 firm and 30 options Airbus A320 aircraft. The purchase agreement for the firm engine order, which covers a total of 80 engines plus 6 spares, is valued at approximately USD $500 million at list price.
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December 12, 2006 -- EVENDALE, Ohio: Air Seychelles has selected the GEnx engines to power its two Boeing 787-8 Dreamliner aircraft leased from International Lease Finance Corporation (ILFC).
The airline has also agreed to a 10-year OnPointSM Solutions agreement to cover the maintenance and overhaul on the engines. The value of the GEnx service agreement is more than $25 million (USD).
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BARRINGTON, Ill.--(BUSINESS WIRE)--GE Healthcare, a unit of General Electric Company (NYSE:GE) and a leading provider of information technology solutions, announced today that Community Health Network, a major health care provider in Indianapolis, has selected GE's Centricity® Enterprise (formerly IDX® Carecast™) Solution, an integrated clinical, financial and administrative solution that helps streamline workflow and improve productivity across the continuum of care.
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CHICAGO--(BUSINESS WIRE)--A key milestone in the imaging of Alzheimer's Disease (AD) has been reached through a close collaboration between radiochemists from the University of Pittsburgh and GE Healthcare. The University of Pittsburgh has started a study aimed at obtaining preliminary information on the performance of flourine-18 labelled Pittsburgh Compound B (F-18 PiB) to identify amyloid deposits in subjects with a diagnosis of AD.
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