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EdF Completes GE Takeover

POWER

France’s EdF completed the acquisition of GE Vernova Inc, a turbine maker for nuclear power plants, French President Emmanuel Macron said on Thursday, cited by Bloomberg.

  • The deal is expected to be announced today and took almost three yeas to complete.
  • The acquisition is key for EdF’s plans for the construction of at least six new nuclear reactors in France.

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