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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
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12/01/201609:20:00Siemens' Shuffles Management in Bid to Expand its Software Capabilities
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11/30/201621:10:00White House Pushing Cuba on Deals for GE, Google
11/30/201619:16:00White House Pushing Cuba on Deals for GE, Google -- Update
11/30/201618:40:00White House Pushing Cuba on Deals for GE, Google -- Update
11/30/201609:45:00GE Capital Completes Sale of Its Shares in GE Capital Interbanca...
11/30/201608:00:00Power Costs, Inc. (PCI) & GE Power Collaborate to Link Energy...
11/29/201618:10:00Baker Hughes to Place Some Operations Into New Land Pressure...
11/29/201611:00:00Setting Helium Free: Revolutionary MRI Tech From GE Healthcare
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11/28/201617:23:25Statement of Changes in Beneficial Ownership (4)
11/28/201617:22:56Amended Statement of Beneficial Ownership (3/a)
11/28/201604:29:00Tlou Energy Falls After Extending Botswana Pact With General...

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