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Acquisition of Areva’s T&D business approved

Business

The European Commission has approved the proposed acquisition by Schneider Electric and Alstom of Areva’s T&D business.
Both Schneider Electric and Alstom have taken note of the approval by the European Commission on their joint acquisition of Areva’s Transmission & Distribution business. The closing of the transaction remains subject to the approvals of competition authorities in some countries and of the French Commission des Participations et des Transferts (CPT).

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Sept 2020
01 Sep 2020