Davis Polk & Wardwell advised Goldman, Sachs & Co., Banc of America Securities LLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities Inc. and Morgan Stanley & Co. Incorporated as bookrunning lead managers of an SEC-registered offering of 547,825,000 shares of common stock of General Electric Company. The transaction, in which GE raised approximately $12 billion, was the largest follow-on offering of common stock in US history.

GE is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide.

The Davis Polk corporate team included partners Richard J. Sandler and Joseph A. Hall, counsel Ning Chiu and associates Jeffrey Pohlman, Peter T. Bazos and Ezgi Kaya (not yet admitted). Partner Michael Mollerus provided tax advice. The legal assistant on the transaction was James H. McCormick. All members of the Davis Polk team are based in the New York office.