Jeffrey Immelt clinched General Electric Co.’s biggest acquisition ever, the $17 billion purchase of Alstom SA’s energy assets, after the resolution of the French government’s last condition for the deal.
Siemens AG shareholders yesterday approved the spinoff of the underperforming Osram lighting unit. Declining orders, rising costs and a contracting European economy will lead to more disposals.
Ingersoll-Rand Plc’s plan to spin off its commercial and residential security businesses is creating a potential target for what would be the industry’s biggest takeover on record.
General Electric Co.’s $17 billion offer for Alstom SA’s energy business is not good enough, and needs to “be improved on jobs,” French President Francois Hollande said.
"This tells me that Greg wanted a guy that everybody on the street knows, because Greg is going to be too busy doing everything else."
- Nicholas Heymann on Dec 09, 2014
William Blair’s Heymann Sees 2015 GE Dividend up 8-10% (Audio)
Heymann Says Power Now Biggest Driver for GE (Audio)
Blair’s Heymann Says Power Now Biggest Driver for GE (Audio)
Blair’s Heymann Says GE Alston Offer Is Improved (Audio)
Winoker, Heymann on GE Acquisitions