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GE sells biopharma drug business to Danaher for $21.4B
General Electric Co said on Monday it would sell its biopharma business to Danaher Corp for $21.4 billion, as the U.S. industrial conglomerate sheds non-core businesses to focus on its industrial unit......»»
GE sells biopharma drug business to Danaher for $21.4B
General Electric Co said on Monday it would sell its biopharma business to Danaher Corp for $21.4 billion, as the U.S. industrial conglomerate sheds non-core businesses to focus on its industrial unit......»»
GE sells biopharma unit for $21 billion
General Electric is selling its biopharma business to Danaher Corp. for $21.4 billion as the industrial giant continues to shed pieces of itself......»»
GE chief Culp sells biopharma business for $21.4 billion
Shares of General Electric Co surged 15 percent on Monday after the industrial conglomerate said it would sell its biopharma business to Danaher Corp for $21.4 billion, its first major asset sale under new Chief Executive Officer Larry Culp......»»
GE confirms deal valued at $30 billion to combine GECAS with AerCap
Shares of General Electric Co. rallied 3.2% toward a three-year high in premarket trading Wednesday after the industrial conglomerate confirmed an agreement to combine its GE Capital Aviation Services (GECAS) air.....»»
: GE stock turns lower after confirming $30 billion AerCap deal, proposing reverse stock split
Shares of General Electric Co. dropped Wednesday, after the industrial conglomerate confirmed a $30 billion deal with AerCap Holdings NV, while also surprisingly proposing a 1-for-8 reverse stock split......»»
General Electric surges after earnings show strong cash flow and improving profitability
GE stock got a boost from the company's strong industrial free cash flow figures of $4.4 billion and improving profit margin in the fourth quar.....»»
Taiwan 2020 output for automotive electronics estimated at NT$280 billion
Taiwan-based makers of automotive electronic components and devices will generate NT$280 billion (US$9.72 billion) in output in 2020, according to Leu Jang-hwa, director general for Industrial Development Bureau......»»
GE warns of more pain as pandemic deals $1B cash hit
General Electric said Wednesday the coronavirus pandemic dealt a $1 billion blow to cash flow at its industrial business in the first quarter, while total revenue fell almost 8% and the company warned the damage would worsen in the next three months......»»
GE warns of more pain as pandemic deals $1B cash hit
General Electric said Wednesday the coronavirus pandemic dealt a $1 billion blow to cash flow at its industrial business in the first quarter, while total revenue fell almost 8% and the company warned the damage would worsen in the next three months......»»
GM sells Lordstown plant to electric truck startup with local tie
General Motors has sold its shuttered Lordstown manufacturing plant to an electric truck startup headed by Steve Burns, the former CEO of Loveland-based Workhorse Group, Bloomberg reported Thursday. GM and Burns' new company, Lordstown Motors Corp.,.....»»
GE to freeze pension plans for about 20,000 U.S. workers to cut debt
General Electric Co said on Monday it was freezing pension plans for about 20,000 U.S. employees with salaried benefits, as the industrial conglomerate makes another drastic move to cut debt and reduce its pension deficit by up to $8 billion......»»
GE closes Baker Hughes sale, reaps billions in proceeds
General Electric Co. closed its sale of interest in Houston-based Baker Hughes, a GE Company, on Sept. 16. The deal drew about $3 billion in net proceeds to Boston-based GE (NYSE: GE), the parent of GE Healthcare, after the underwriters fully exer.....»»
GE"s transportation unit to merge with Wabtec in a deal valued at $11.1 billion
Shares of General Electric Co. surged 2.0% in premarket trade Monday, after the industrial conglomerate agreed to merge its GE Transportation unit with rail opera.....»»
GE sells transportation unit for $11 bln
General Electric confirmed it was unloading the bulk of its transportation business which makes train engines to Wabtec, a U.S. manufacturer of equipment for the rail industry, in a deal valued at about $11 billion. Aleksandra Michalska reports......»»
GE Nears Deal to Sell Industrial-Engines Unit
General Electric is nearing a deal to sell a unit that makes large industrial engines to private-equity firm Advent International for $3 billion or more, people familiar with the matter said......»»
GE nearing deal to sell industrial engines unit to Advent: WSJ
(Reuters) - General Electric Co is close to a deal to sell its industrial gas engines business to private equity firm Advent International for $3 billion or more, The Wall Street Journal reported on Sunday, citing people familiar with the matter......»»
GE reportedly near deal to sell industrial engines unit to Advent
General Electric Co (GE.N) is close to a deal to sell its industrial gas engines business to private equity firm Advent International for $3 billion or more, The Wall Street Journal reported on Sunday, citing people familiar with the matter......»»
General Electric Company (NYSE:GE) nearing deal to sell industrial engines unit to Advent
General Electric Company (NYSE:GE) nearing deal to sell industrial engines unit to Advent General Electric Co GE.N is close to a deal to sell its industrial gas engines business to private equity firm Advent International for $3 billion or more, Th.....»»
GE Agrees to Sell Industrial-Engines Unit
General Electric agreed to sell a unit that makes large industrial engines to private-equity firm Advent International for $3.25 billion, a move that would bring in needed cash for the struggling conglomerate......»»