# Bharat Forge completes divestment of 26% stake in power JV to GE

Bharat Forge completed the sale of its remaining 26% equity in Alstom Bharat Forge Power Pvt Ltd to GE for $35 million, exiting the joint venture.

- Type: Acquisition
- Announced: 2018-02-27
- Where: India
- Value: $35.0M
- Status: completed
- Products: power equipment
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GE](https://endata.com/companies/1022.md) (acquirer)
- [Bharat Forge Limited](https://endata.com/companies/19597.md) (target)

## Sources

- [autocarpro.in](https://www.autocarpro.in/news-national/bharat-forge-exits-jv-alstom-28275), 2018-02-27: "Bharat Forge has completed its divestment from the former joint venture with French multinational Alstom."

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