Justice Department Requires Divestiture in Order for General Electric Company to Proceed with its Acquisition of Converteam Group SAS
Justice Department Requires Divestiture in Order for General Electric Company to Proceed with its Acquisition of Converteam Group SAS
The Department of Justice announced today that it has reached a settlement that will require General Electric Company (GE) to divest Converteam Group SAS’s Electric Machinery Holding Company in order to proceed with its acquisition of Converteam.