GE Vernova has announced plans to acquire the remaining 50 per cent stake of Prolec GE, its unconsolidated joint venture (JV) with Xignux – a Mexican industrial consortium based in Monterrey, Mexico. The JV was established between Xignux and General Electric (GE) in 1995, and the acquisition will consolidate Prolec GE after 30 years of partnership. […]
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