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Inter RAO to buy 25% stake in Russian Gas Turbines JV from ODK · Endata

◂ Announcements

Oct 19, 2018ACQUISITIONRybinsk, Russia

Inter RAO to buy 25% stake in Russian Gas Turbines JV from ODK

Inter RAO plans to acquire an additional 25% stake in Russian Gas Turbines (RGT), a joint venture with GE, from United Engine Corporation (ODK, part of Rostec), increasing its share to 50%. The deal is in early discussion stages.

Status

Rumored

Productsgas turbines

CompaniesGE partner Rostec partner United Engine Corporation target Inter RAO acquirer

Sectors#Power Generation Equipment

“В «Ростехе» подтвердили, что сделка обсуждается, «но в начальной стадии, решений нет».”vedomosti.ru

1 source
vedomosti.ruСМИ узнали о планах «Интер РАО» увеличить долю в совместном предприятии с GE - ВедомостиOct 19, 2018

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

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