Tag: General Electric
US: GE to sell millions of Baker Hughes shares
General Electric is looking to raise up to US$3 billion in sale of majority-owned shares, resulting in a reduction of the US industrial conglomerate’s...
EU: EC fines General Electric in LM Wind merger case
The European Union announced Monday, April 8, it has fined US engineering giant General Electric €52 million (US$58.6 million) for providing incorrect information during...
US: GE Transportation merges with Wabtec in US$11.1b deal
General Electric confirmed on Monday, May 21, it was unloading the bulk of its transportation business which makes train engines to Wabtec, a US...
US: GE to pay DoJ over delayed Baker Hughes divestiture
The US Department of Justice has announced that General Electric has agreed to make incentive payments beginning in 2018 until the energy giant completes...
EU: EC signs off Baker $3.4 billion merger with GE
General Electric on Wednesday secured unconditional approval from the European Union to combine its oil and gas business with Baker Hughes after the bloc's...
EU: GE faces probe for misleading over $1.7 billion deal
General Electric said on Monday that the European Union's competition watchdog is investigating whether the industrial conglomerate provided misleading information during a merger review.
"On...
EU: GE gets greenlight for LM Wind Power $1.65bn deal
General Electric’s $1.65bn purchase of Denmark’s LM Wind Power was unconditionally approved Monday by Brussels.
After an initial investigation, the antitrust watchdog concluded the deal...
US: GE sells water unit in $3.4 bn deal to smooth...
General Electric agreed to sell its water unit in a $3.4 billion deal, putting the industrial giant a step closer to the planned merger...
US: GE, Baker Hughes asked for more information
The US Justice Department is seeking additional information from General Electric and Baker Hughes over the pending merger to create an oil and gas...
State Created Barriers to Exit: The Example of the Acquisition of...
Nicolas Petit, March 20, 2016
This paper seeks to understand the competitive impact of State restrictions to M&A transactions that target domestic corporations. In the...