Power Transformer Magazine Advertising
Power Transformer Magazine Advertising
  • Home
  • News
  • Magazine
  • Events
  • Careers
  • About us
Login   Subscribe
  English   Chinese Simplified
Thursday, 04 October 2018 11:34

Alstom and GE complete transfer of ownership of three JVs

  • Print
  • Email
Alstom and GE complete transfer of ownership of three JVs

GE has announced that, according to the May 2018 agreement with Alstom, the two companies have completed the transfer of ownership of the three joint ventures (JVs) that were established at closing of the acquisition of Alstom’s Power and Grid assets in November 2015.

The transfers give GE full ownership of the three former JVs.

As a result of the transfers, GE paid to Alstom today an aggregate amount of approximately $3 billion, the company said in the press statement.

Source: GE

Additional Info

  • Continent: North America
  • Category: Business
Tweet
More in this category: « Ameren Illinois constructing two new substations in Madison County Eversource upgrades substation in Laconia with new transformers »
back to top

Most popular

Mitsubishi Electric to lay off employees, sell factory in Memphis
TBEA test ester oil transformer
Prysmian delivers three $1.1 B HVDC interconnectors
ABB wins $30 M equipment order to bolster Germany’s RE integration
Siemens to retrofit one of Germany’s largest substations
  • Power Transformer Magazine Advertising
    Get newsletter

    TRANSFORMERS

    The Company

    • About us
    • Contact us
    • SiteMap

    The Magazine

    • Current Issue
    • Subscribe
    • Advertise
    • Publish with us
    • Flat rate design

    Main Menu

    • News
    • Magazine
    • Events
    • Careers
    • Forum
    • Archives

    Legal Notices and Policies

    • Terms & conditions
    • Impressum
    • Privacy policy
    • Cookies policy

    Copyright © 2013-2019
    All Rights Reserved MERIT MEDIA INT.

    Transformers Magazine on Facebook Transformers Magazine on Linkedin Transformers Magazine on Twitter Transformers Magazine on Google+

    • Forgot Login?
    • Sign up