Alstom: sells interests in 3 JVs to GE
(CercleFinance.com) - On Tuesday Alstom completed the sale of all its shares in three Energy (renewable, grid and nuclear) joint ventures to General Electric.
The group received a total of 2.594 billion euros for these sales.
"The proceeds will be used by Alstom primarily to support the Company's strategic development. In addition, a part of this amount will be used to pay out an extraordinary distribution of up to E4 per share," Alstom said.
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The group received a total of 2.594 billion euros for these sales.
"The proceeds will be used by Alstom primarily to support the Company's strategic development. In addition, a part of this amount will be used to pay out an extraordinary distribution of up to E4 per share," Alstom said.
Copyright (c) 2018 CercleFinance.com. All rights reserved.