# GE India to acquire 49% stake in ALSTOM Bharat Forge Power from Bharat Forge

GE India Industrial Private Ltd. agreed to acquire a 49% stake in ALSTOM Bharat Forge Power Limited from Bharat Forge Limited for $35 million.

- Type: Acquisition
- Announced: 2016-11-07
- Where: India
- Value: $35.0M
- Status: announced
- Products: power equipment
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GE India Industrial Private Ltd.](https://endata.com/companies/19595.md) (acquirer)
- [ALSTOM Bharat Forge Power Limited](https://endata.com/companies/19596.md) (target)
- [Bharat Forge Limited](https://endata.com/companies/19597.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/BHARAT-FORGE-LIMITED-6493080/news/GE-India-Industrial-Private-Ltd-agreed-to-acquire-49-stake-in-ALSTOM-Bharat-Forge-Power-Limited-fr-35285233/), 2016-11-07: "GE India Industrial Private Ltd. agreed to acquire 49% stake in ALSTOM Bharat Forge Power Limited from Bharat Forge Limited for $35 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.