GE completes transfer of ownership of three Alstom JVs for €2.594B

GE announced the completion of the transfer of ownership of three joint ventures from Alstom, giving GE full ownership. GE paid Alstom an aggregate amount of €2.594 billion (~$3.0 billion).

“GE and Alstom have completed the transfer of ownership of the three joint ventures that were established at closing of the acquisition of Alstom’s Power and Grid assets in November 2015.”ge.com

• 1 source
• ge.comAlstom and GE Complete Transfer of Ownership of Three JVs | GE NewsOct 2, 2018

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