Loading…
General Electric finalized a €12.34 billion ($16.8 billion) agreement to acquire Alstom's energy businesses, including gas turbines, nuclear, steam turbine, offshore wind, and hydro power. GE will take full ownership of the gas turbine business and form 50-50 joint ventures with French shareholders for other assets.
“General Electric scored large in its win over Siemens to buy the energy arm of French industrial giant Alstom.”theedgemalaysia.com
Summarized from public sources; check the original articles before acting on it.