GE Vernova To Acquire Trench Group For $9B; Transaction To Be Funded With Cash & Debt
A high-growth, accretive acquisition of a global leader in complementary high-voltage grid equipment that increases scale and geographic reachVertically integrates an existing supplier and increases capacity for key
GE Vernova is buying a big company that makes power grid equipment for $9 billion. This deal suggests they want to grow faster and control more of their own supply chain.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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