EDF plans to acquire GE Steam Power

EDF has signed a binding agreement to acquire General Electric's nuclear steam power division, including the Arabelle steam turbine technology. The UK Competition and Markets Authority has opened a probe into the deal, which is expected to close in the second half of 2023.

“The firm's takeover of GE Steam Power will also cover technology for future nuclear plants, including small modular reactors (SMRs) and European pressurised reactors.”thisismoney.co.uk

• 2 sources
• thisismoney.co.ukCompetition body studying EDF-General Electric deal | This is MoneyHarry WiseMar 27, 2023
• tittlepress.comEDF's deal to buy nuclear turbine maker from GE probed by UK watchdog - TittlePressnewsdeskApr 6, 2023

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