Signify Premium Insight: GE Healthcare’s Billion on BK Medical
Published: October 4, 2021
Last week GE announced it was making its first major acquisition in more than four years with the purchase of interventional ultrasound specialist BK Medical. The $1.45bn deal follows several years of belt-tightening at the conglomerate, as it has sought to reduce its debt burden. Now, after several years of stringency and a number of significant divestitures, including that of its AerCap aircraft leasing business for $31bn earlier this year, the firm looks to be lifting its gaze to the future, and beginning to move forward.