# EDF to finalize purchase of GE Steam Power

EDF is set to finalize the takeover of GE Steam Power, General Electric's nuclear turbine business, on Friday. The acquisition includes the Arabelle turbine production division and involves about 3,400 employees worldwide.

- Type: Acquisition
- Announced: 2023-11-29
- Where: France
- Status: announced
- Products: nuclear turbines, Arabelle turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [EDF](https://endata.com/companies/771.md) (acquirer)
- [General Electric](https://endata.com/companies/1262.md) (target)

## Sources

- [energynews.pro](https://energynews.pro/en/edf-to-finalize-purchase-of-ge-steam-power), 2023-11-29: "The expected announcement on Friday of the completion of the takeover of General Electric’s (GE) nuclear business by Électricité de France (EDF) represents an important milestone in the French energy landscape."

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