Tuesday, August 5, 2008

Inside the Deal:GE and Abu Dhabi

General Electric(GE) and The Mubadala Company,a state-owned enterprise of Abu Dhabi,have formed an eight billion dollar U.S. partnership.The companies will cooperate in commercial finance,research on clean energy and water,and expanding aircraft engine service and repair in the Middle East.They already have a strong partnership.Their aim is high growth opportunities in the Middle East and worldwide,making shared capital commitments to new joint ventures and investment funds.

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