Brief: GE T&D India Gets Letter From General Electric Company

GE Vernova T&D India

02/04/2024 16:06

April 2 (Reuters) - Ge T&D India Ltd  GETD.NS :
    * RECEIVED LETTER FROM GENERAL ELECTRIC COMPANY (GEC)
    * GEC MADE GLOBAL ANNOUNCEMENT WITH RESPECT TO INTENDED
SPLIT OF
GEC INTO GE AEROSPACE & GE VERNOVA
    * ENERGY BUSINESS OF GEC WILL BE SPUN OFF UNDER GE VERNOVA
INC
    * SPIN-OFF OF ENERGY BUSINESS TO RESULT IN TRANSFER BY GEC
OF 75%
OF ULTIMATE, INDIRECT SHAREHOLDING IN CO TO GE VERNOVA INC
    * GE VERNOVA INC. WILL SUBSTITUTE GEC AND BECOME ULTIMATE
HOLDING
CO OF GET&D

Source text for Eikon:  ID:nBSE65SNSX 
Further company coverage:  GETD.NS 

 ((Reuters.Briefs@thomsonreuters.com;))