General Electric steps

A collection of news to follow-up merge and acquisitions of GE.

2014

2015

  • January: GE sells equity business, to focus on industrial activities.
  • February: Flexigroup exits GE Money sale contest (scope: Australia and New Zealand).
  • March: a consortium of private equity firm KKR & Co, alternative investment manager Varde Partners and Deutsche Bank has agreed to buy GE Capital’s Australian and New Zealand consumer lending arm for $8.2 billion.
  • August: GE opens Predix Cloud to other customers with a killing message: “Data center experts don’t know about securing a power plant, but GE does”

2018

  • October: the stock is below 10$, the dividend for Q3 is below 0,20$, simply amaizing.

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