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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: -Dow Jones Newswires; 212-416-2900

Stock News for Gen Electric (GE)
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07/01/201516:40:46Statement of Changes in Beneficial Ownership (4)
07/01/201516:39:54Statement of Changes in Beneficial Ownership (4)
07/01/201516:38:37Statement of Changes in Beneficial Ownership (4)
07/01/201516:38:37Statement of Changes in Beneficial Ownership (4)
07/01/201516:38:12Statement of Changes in Beneficial Ownership (4)

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