Van Campen Liem assisted General Electric in its completion of the transfer of ownership of the three GE/Alstom power and grid JV’s

Van Campen Liem has assisted General Electric Company (“GE”) in connection with the completion of the transfer of ownership of the three joint ventures that were established at closing of the acquisition of Alstom’s Power and Grid assets in November 2015. The transfers completed on October 2, 2018, give GE full ownership of the three former JVs. As a result of the transfers, GE paid to Alstom an aggregate amount of approx. USD 3 billion. Read more