GE buys Denmark's LM Wind Power for $1.65 billion

“The acquisition of LM Wind Power, a leading supplier to the wind industry, will help us deliver on that goal. Simply stated, we’ll be more local, have more flexibility and knowledge in turbine design and supply, and more ability to innovate and reduce product costs, while improving turbine performance.

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General Electric Peer Group News. Google hat offenbar rund 20 Milliarden Euro auf die Bermudas transferiert. Diese Themen waren diese Woche wichtig So wird das nichts Tata Elxsi stellt Ergebnisse des abgelaufenen Quartals vor Motorcar Parts of America informiert über die jüngsten Quartalsergebnisse Die 5 beliebtesten Top-Rankings.

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Diese Themen waren diese Woche wichtig. Compagnie de Saint-Gobain Deutsche Bank AG Deutsche Telekom AG Industriekonzern General Electric kündigt vierteljährliche Dividende an. Keine Schadenfreude - das Dilemma mit GE. Droht jetzt sogar die Pleite? Our goal is to demonstrate to the rest of the world that nobody should ever have to choose between affordable, reliable, and sustainable energy. LM Wind Power is the world's largest designer and independent supplier of rotor blades for wind turbines, with a global manufacturing footprint that includes blade factories in Brazil, Canada, China, Denmark, India, Poland, Spain and the United States.

The company has produced more than , blades since , corresponding to more than 77 GW installed capacity and global savings of more than million tons of CO2 annually. Over more than three decades and six funds, the Firm has invested in over 60 companies and has established a strong track record of investing in and growing market-leading businesses. Doughty Hanson focuses on majority ownership and control of businesses in the European middle market and is rightly acknowledged as a pioneer in the area of active ownership.

Doughty Hanson has helped many of the companies acquired grow into successful international organisations, with a number of them listed on major stock exchanges while others have become divisions of larger global companies. This communication includes "forward-looking statements" — that is, statements related to future, not past, events.

These forward-looking statements include all matters that are not historical facts. Forward-looking statements may and often do differ materially from actual results. No assurance can be given that such future results will be achieved.

GE Group does not undertake to update its forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, satisfaction of the minimum acceptance condition for each offer, the ability of GE to obtain the requisite regulatory approvals required to complete the offers to purchase, the satisfaction of the other conditions to the consummation of the proposed transactions, the timing of completion of the proposed offers to purchase, and the impact of the announcement or consummation of the proposed transactions on the relationships of GE Group and Arcam or SLM Solutions, including with employees, suppliers and customers.

In addition, there can be no assurance that the offers to purchase will result in the consummation of an acquisition of Arcam or SLM Solutions. Such forward-looking statements contained in this communication speak only as of the date of this communication. Over-stretching into numerous units could affect management of the sectors that leads to a slowdown in decision making and hence proceeds. Activist investor Trian Partners insinuated that the CEO of GE is in a tight sport after missing the performance benchmarks the firm has set.

Following this statement, the share of GE spiked which implies that a possible early retirement of Mr. Immelt might be welcomed by the markets. GE will own Through the acquisition of LM Wind Power, GE puts itself within the onshore and offshore wind business which will probably prove quite beneficial for GE in the future.