Alstom to buy ABB's stake in power venture

Article Abstract:

Alstom SA will acquire ABB Ltd.'s 50% share of their power-generation joint venture. Alstom will acquire the share for 1.25 billion euros.

author: Woodruff, David
Switzerland, Alstom S.A., ABB Ltd.

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E.On unloads its stake in Orange to France Telecom

Article Abstract:

E.On AG has sold its minority share in Orange Communications to France Telecom SA for at least 1.6 billion euros. E.On sold its 42.5% share to France Telecom.

author: Wessel, Rhea
United States, Telecommunications, Telephone Communication, Telecommunications services industry, Telecommunications industry, France Telecom S.A., FTE, E.ON AG, Orange Communications Inc.

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EU to approve EDF's purchase of EnBW stake

Article Abstract:

Electricite de France's (EDF) plan to acquire a minority share of Energie Baden-Wuerttemberg AG (EnBW) has been approved by the European Commission (EC). EDF will acquire 25% of EnBW.

author: Schwammenthal, Daniel
Laws, regulations and rules, European Union. European Commission, Electricite de France, Energie Baden-Wuerttemburg

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subjects list: Electric utilities, Mergers, acquisitions and divestments, France, Germany
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