General Electric

General Electric

Energy | Markets
Jeff Immelt, Chairman and CEO of General Electric, said that General Electric's merger with Baker Hughes will "[create] an industry leader"

General Electric merges oil and gas business with Baker Hughes

The new company is set to become the world’s second biggest oilfield services provider

Energy | Markets
General Electric has announced its acquisition of Danish firm LM Wind Power, one of the world’s largest producers of wind turbine blades

General Electric acquires LM Wind Power for $1.65bn

Energy giant General Electric reaffirms its commitment to providing renewable energy with its purchase of LM Wind Power
Strategy
Ian Read, Chief Executive of US pharmaceutical company Pfizer arrives at the House of Commons in London, England. Having failed to acquire AstraZeneca for £69bn, the pharma giant has to wait six months to make another offer

Standing in the way of capitalism

Cross-border acquisitions are becoming increasingly common, but some governments are not overly happy to pass control of key industries into foreign hands
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