Bloomberg News

Elbit Medical Says GE to Invest Up to $13.75 Million in Unit

February 26, 2012

Elbit Medical Technologies Ltd. said GE Healthcare Inc., a unit of General Electric Company, will invest up to $13.74 million in its InSightec unit in the form of loans that will be converted into shares, according to a filing with the Tel Aviv Stock Exchange today.

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net

To contact the editor responsible for this story: Calev Ben-David at cbendavid@bloomberg.net


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