Alstom divesting from energy joint ventures with GE

Date May 15, 2018
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Alstom divesting from energy joint ventures with GE

Alstom has signed an agreement with General Electric (GE) regarding its intention to exit three joint ventures set up in November 2015 as part of the sale of Alstom's energy business to GE. GE has agreed to buy Alstom's stakes in the joint ventures for EUR2.59 billion (US$3.10 billion).

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