A collection of news to follow-up merge and acquisitions of GE.
2014
- November, 5th: GE acquires Alstom energy, in reality the Business Unit that really makes sense for GE ($13.5 billion).
- November, 6th: GE Money Bank AB (Nordics) sold to Santander Consumer Finance S.A for ±700m€.
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.