Alstom Confirms JV Exit in $3 Billion Deal with GE

source: http://feedproxy.google.com/~r/SolarEnergyrssFeed/~3/syVrAqADNWs/alstom-confirms-jv-exit-in-3-billion-deal-with-ge.html

General Electric Co. will be required to buy Alstom SA’s stakes in three energy joint ventures for 2.59 billion euros ($3.1 billion), closing a lengthy chapter in the massive 2015 tie-up that has become a headache for the beleaguered U.S. manufacturer.

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