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BRIEF-GE Vernova To Fully Acquire Prolec GE Joint Venture

Written By: TDG Syndication
Last Updated: October 22, 2025 03:01:03 IST

Oct 21 (Reuters) – GE Vernova Inc: * GE VERNOVA TO FULLY ACQUIRE PROLEC GE JOINT VENTURE * GE VERNOVA INC: $5.275B PURCHASE PRICE AT CLOSING, EXPECTED TO BE FUNDED EQUALLY WITH CASH & DEBT * GE VERNOVA INC – TO BUY REMAINING 50% STAKE OF PROLEC GE FROM XIGNUX * GE VERNOVA INC: DEAL IS IMMEDIATELY ACCRETIVE BEFORE SYNERGIES Source text: Further company coverage:

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