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Nigeria Government: GE To Invest $10 Billion In Power Plants -Reuters

DOW JONES NEWSWIRES General Electric Co. (GE) has agreed to invest $10 billion in new power plants in Nigeria, that country's power ministry said Monday, Reuters reported on its website. Under terms of a memorandum of understanding, GE will take a 10% to 15% equity stake in the plants and that GE will join with the government and unspecified partners after a privatization of Nigeria's power sector, an unidentified spokesman for the ministry told Reuters. The spokesman did not say in what kind of power stations GE would invest. Full story at: www.reuters.com/article/2012/03/26/ge-nigeria-idUSL6E8EQ46T20120326?type=companyNews&feedType=RSS&feedName=companyNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FcompanyNews+%28News+%2F+US+%2F+Company+News%29 -Dow Jones Newswires; 212-416-2900

Stock News for Gen Electric (GE)
DateTimeHeadline
04/24/201418:37:34GE Is in Talks to Buy Alstom's Energy Business - 2nd Update
04/24/201416:45:54GE Is in Talks to Buy Alstom's Energy Business - Update
04/24/201412:37:47EUROPE MARKETS: European Stocks End Choppy Day In Black
04/24/201410:39:52EUROPE MARKETS: European Stocks Pare Gains On Ukraine Tensions
04/24/201410:37:31Alstom in Talks With GE For Sale of Energy Business-Report
04/24/201407:20:41Alstom Shares Soar on GE Takeover Speculation--Update
04/24/201406:18:32EUROPE MARKETS: European Stocks Strong After Ifo, Draghi Comments
04/24/201404:31:14EUROPE MARKETS: European Stocks Strong After Ifo, U.S. Earnings
04/23/201417:50:46GE In Talks to Buy Alstom for About $13 Billion -Bloomberg
04/23/201414:30:24GE Names Ex-Chairman of Vanguard Brennan as Lead Board Director
04/21/201417:33:20U.S. Plans to Sell Mexico 18 Black Hawks to Tackle Drug Trade
04/17/201417:12:38MARKET SNAPSHOT: S&P 500's Weekly Gain Is Best Since July 2013
04/17/201417:04:26Pentagon Official Criticizes Pratt & Whitney Over F-35 Costs
04/17/201413:58:36MARKET SNAPSHOT: U.S. Stocks Set For Weekly Gains
04/17/201410:16:19MARKET SNAPSHOT: U.S. Stocks Lower Amid Mixed Earnings
04/17/201409:54:14GE Posts Declines in Profit, Revenue--2nd Update
04/17/201407:20:23GE Posts Declines in Profit, Revenue
04/15/201408:52:57U.S. Stock Futures Rise
04/15/201406:50:58Alstom to Cut Up to 200 Jobs
04/14/201416:03:15Italy's New Premier Renzi Names State-Controlled Company Heads

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