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Alstom to sell stakes in GE joint ventures · Endata

◂ Announcements

Dec 14, 2017ACQUISITIONKazakhstan

Alstom to sell stakes in GE joint ventures

Alstom will exercise options to sell its stakes in joint ventures with General Electric, exiting the energy businesses it sold to GE in 2015.

Status

Announced

Productsgas turbinesrenewable energy equipmentelectricity grid equipmentnuclear power equipment

CompaniesAlstom General Electric acquirer Alstom acquirer KTZ target Transmashholding partner

Sectors#Power Generation Equipment

“We are exiting.”industryweek.com

3 sources
industryweek.comAlstom Selling Stakes in Joint Ventures with GE | IndustryWeekAgence France-PresseDec 14, 2017
business-standard.comAlstom says to sell stakes in joint ventures with GEAFPDec 14, 2017
railwaygazette.comAlstom takes majority stake in Kazakh joint venture - Railway Gazette InternationalE-mailDec 22, 2017

Summarized from public sources; check the original articles before acting on it.

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