GE COMPLETES ACQUISITION OF ALSTOM POWER AND GRID BUSINESSES

GE [NYSE:GE] announced that it has completed the acquisition of Alstom’s power and grid businesses, the company informs. The completion of the transaction follows the regulatory approval of the deal in over 20 countries and regions including the EU, U.S., China, India, Japan and Brazil. It is GE’s largest-ever industrial acquisition. GE reached an agreement with Alstom in 2014 to purchase Alstom’s power and grid businesses for ...

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