GE Vernova to acquire Prolec GE for $5.3B as AI drives power demand

GE Vernova will spend $5.3 billion to fully acquire power transformer-maker Prolec GE as artificial intelligence continues to ...

GE Vernova stock pummeled on fears power-demand boom is cooling

Quarterly results and subsequent comments by Chief Executive Officer Scott Strazik during a conference call spooked some ...
Offshore Engineer

GE Vernova Profit Tops Q3 Expectations on Equipment Orders

GE Vernova's profit topped third-quarter expectations on Wednesday, driven by strong equipment orders and surging U.S. power ...

GE Vernova to fully own Prolec JV for $5.28 billion in grid supply push

GE Vernova said on Tuesday it would pay $5.28 billion to buy the 50% stake it does not already own in transformer-maker ...
Nasdaq

General Electric (GE) & Xignux's JV Unit to Buy SPX Transformer

GE-Prolec Transformers, Inc. — a subsidiary of General Electric Company GE and Xignux, S.A. de C.V.’s joint venture unit — recently entered into a deal with SPX Corporation SPXC to buy SPX Transformer ...
Forbes

General Electric: Showing Signs Of Promising Progress

The ongoing split up of General Electric GE Co. (GE, Financial) appears to be working wonders on the company’s prospects as it is currently outperforming the benchmark index. After several years of ...
The Berkshire Edge

General Electric Company to start upland disposal facility preparation phase on Nov. 3 in Housatonic Rest of River remediation project

Those wishing to comment on the release do not have much time as the EPA stated it is “going through an expedited review ...