The deal – valued at €12.35bn ($13.6bn) when it was announced in June 2014 – comes in at a final purchase price of €9.7bn once various changes to its structure and currency adjustments are taken into account, GE said.

The final major barrier to the deal going through was removed in September when the EU granted consent to the acquisition following a competition probe focusing on the gas turbine market, which was the main driver behind the merger.

The