# GE completes acquisition of Alstom's power and grid businesses

General Electric announced it has completed the acquisition of Alstom's power and grid businesses for a purchase price of €9.7 billion (approximately $10.6 billion), following regulatory approvals in over 20 countries. The deal was originally agreed in 2014.

- Type: Acquisition
- Announced: 2023-11-13
- Value: $10.6B (9.70B EUR)
- Status: completed
- Products: power and grid equipment
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [General Electric](https://endata.com/companies/1262.md) (acquirer)
- [Alstom](https://endata.com/companies/3570.md) (target)

## Sources

- [szcxi.com](https://szcxi.com/manual/GeneralElectric-ALSTOM.html), 2023-11-13: "The completion of the Alstom power and grid acquisition is another significant step in GE's transformation."
- [szcxi.com](https://szcxi.com/manual/GeneralElectric-ALSTOM.html?_l=en&pagenum=all), 2023-11-13: "The completion of the Alstom power and grid acquisition is another significant step in GE's transformation."

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