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GE Vernova to acquire remaining 50% stake in Prolec GE for $5.3 billion

Investing.com•Tuesday, October 21, 2025 at 8:36:52 PM
PositiveFinancial Markets
GE Vernova to acquire remaining 50% stake in Prolec GE for $5.3 billion
GE Vernova's decision to acquire the remaining 50% stake in Prolec GE for $5.3 billion marks a significant step in strengthening its position in the energy sector. This acquisition not only enhances GE Vernova's portfolio but also reflects its commitment to expanding its capabilities in providing innovative energy solutions. Such strategic moves are crucial as the industry shifts towards more sustainable practices, making this acquisition a noteworthy development for stakeholders and the market.
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