EDF in Talks With GE Over Nuclear Activities
September 22 2021 - 7:45AM
Dow Jones News
By Joshua Kirby
Electricite de France SA said Wednesday that is in exploratory
discussions over a transaction involving General Electric Co.'s
nuclear activities, but that no outcome is certain.
French media last month reported that EDF was set to make a bid
for GE's nuclear activities, grouped under GE Steam Power and
located principally at Belfort in eastern France.
The French utility said it continually assesses its strategic
options and its U.S. peer is a key partner in the nuclear
business.
"EDF is currently analysing conditions under which the interests
of the EDF Group would be best served," the company said, adding
that the outcome of the discussions isn't certain.
GE has been contacted for comment by Dow Jones Newswires.
Write to Joshua Kirby at joshua.kirby@wsj.com;
@joshualeokirby
(END) Dow Jones Newswires
September 22, 2021 07:30 ET (11:30 GMT)
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