Friday, February 8, 2008

Recent News: GE Healthcare, Whatman, GE Real Estate, Air Force Contract, and F-35 Engine.

GE strengthens healthcare with $718m Whatman buy
GE Healthcare has agreed to purchase UK laboratory equipment maker Whatman for £363m ($718m) in a move aimed at advancing GE's life sciences business...

GE buys firm that once made artists' paper
GE Healthcare, a subsidiary of the US group General Electric, is to acquire lab equipment maker Whatman for £363m...

DEAL OF THE DAY: GE Real Estate Provides $32.5M Loan for Acquisition of 382-Unit Property
GE Real Estate has provided a $32.5 million, on-book loan to the Bellevue, Wash.-based Longwell Co. for its acquisition and repositioning of the 382-unit Avante Apartments in Kent...

GE Unit Wins $15.6M Air Force Contract
A unit of General Electric Co. has won a $15.6 million contract boost to perform engine hardware redesign work for the Air Force, the Defense Department said late Tuesday...

Bush Plan Allots No Money For GE Engine
President Bush's $3.1 trillion proposal for the 2009 federal budget ensures that General Electric and United Technologies Corp. will still have something to wrestle about on Capitol Hill...

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