GE to buy Ionics
- From: Vol 5, Issue 11 (November 2004)
- Category: Need to know
- Region: Americas
- Country: United States
- Related Companies: Ionics
The industrial group has found the missing piece in its water portfolio
GE has agreed to buy water treatment specialist Ionics for $1.1 billion, a 48% premium to the company\'s market capitalisation at the previous day\'s close.
The deal strengthens GE\'s service offering to the municipal and industrial sectors, and brings a powerful new player to the international water project market to compete directly with Veolia and Suez ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
