GE (General Electric)

156 articles about "GE (General Electric)"

On the block Vol 17, Issue 11 (November 2016)

  • General Electric has taken on Goldman Sachs and Citigroup to advise it on the sale of GE Water & Process Technologies, the multi-billion dollar division it forged out of a series of high-profile acquisitions between 1999 and 2006. GE Water is one of the most attractive water assets to come onto the market in years...
  • With annual EBITDA in the $250-300 million range, the deal could end up carrying a price tag of $...
  • One of the possible buyers is private equity house Advent International, which raised a $13 billion fund in March of this year...
  • A little over four years ago, Culligan was on the verge of bankruptcy. It was over-levered, lacked a coherent strategy, and its junk-rated debt was trading at mere cents on the dollar. The subsequent takeover by Centerbridge Partners and the appointment of Scott Clawson as CEO heralded the return of the company to its former glory...
  • The Japanese owners of Australian private water operator Trility have put the company up for sale, tapping Morgan Stanley to lead the process. Since the Mitsubishi-led consortium bought the company from United Utilities for A$225 million (US$200 million) in 2010, the business has struggled...
  • An increasing number of foreign investors in the regulated UK water market are looking looking to exit the sector as political and regulatory concerns threaten to jeopardise valuations. As Macquarie struggles to offload its 26% stake in Thames Water, Suez confirmed earlier this month that it will sell down its remaining 30% stake in...

GE set to exit water as capital allocation priorities change Vol 17, Issue 11 (November 2016)

As a stand-alone business unit within the overall GE group structure, the water division was always an easy target for divestiture. What exactly is on the block?

Pentair set to refocus on water following the sale of its valves unit Vol 17, Issue 9 (September 2016)

In ridding itself of the distraction of a business that was haemorrhaging cash as its end markets collapsed, Pentair now has the scope to refocus on its core water and technical solutions businesses. Will it be able to convince investors that the next acquisition makes sense?

Data forever Vol 17, Issue 8 (August 2016)

  • Xylem has potentially redefined its future through the $1.7 billion acquisition of smart metering specialist Sensus from its private equity owners Goldman Sachs and The Jordan Company. The deal fills the data gap in Xylem’s three existing businesses...
  • GE has its eyes on the same digital prize. It is piloting a number of digital initiatives which it believes could fundamentally alter the way water utilities manage their assets, whilst generating a meaningful return on investment...

Vietnam’s PPP office cranks up the engine Vol 16, Issue 6 (June 2015)

Vietnam’s PPP apparatus is rolling into place, with several pathfinder PPPs approaching the starting gates. International interest is high, although tensions between local and central government could delay progress.

The ex-conglomerates’ club Vol 16, Issue 5 (May 2015)

Christopher Gasson speculates on the water industry’s next mega-merger.

Made-in-China membranes target the world Vol 16, Issue 4 (April 2015)

Chinese low-pressure membrane manufacturer Scinor wants to establish a global brand with a Chinese price but Japanese quality. It is planning an IPO next year to further its international ambitions.

IDE sale to close ‘by the end of this year’ Vol 16, Issue 2 (February 2015)

The desal expert looks likely to be separated from the plants it owns in Israel in order to maximise the sale value.

BEWG wins the seal of approval in Singapore Vol 15, Issue 10 (October 2014)

Beijing Enterprises has clinched its first major contract as a developer abroad, teaming up with Singapore’s United Engineers to secure the landmark Changi NEWater II project. The win will open doors overseas for both companies.

There are troubled waters ahead... Vol 15, Issue 10 (October 2014)

...but if water treatment companies can ride the wave of low oil prices, new growth opportunities will emerge, argues Amanda Brock.