Alstom stake sale to GE completed

0
946

Alstom has completed the sale of its 51% stake in Alstom Bharat Forge Power to the General Electric group (GE) for approximately US$10.6 billion. The stake was part of Alstom’s joint venture with Bharat Forge.

The deal – GE’s largest industrial acquisition – required regulatory approval in over 20 jurisdictions including the EU, US, China, India, Japan and Brazil. Jeff Immelt, GE’s chairman and CEO, said Alstom’s complementary technology, global capability, installed base, and talent would further GE’s core industrial growth and boost its technology offerings in the energy sector.

You must be a subscriber to read this content, or you can register for free to enjoy the current issue.

该部分内容仅提供予《商法》订阅会员。你可以订阅去解锁所有内容。你也可以免费注册去浏览最新一期的内容。