- The proposed purchase by Électricité de France SA ECIFY of the nuclear steam power division held by General Electric Company GE has attracted the attention of the U.K. competition watchdog.
- According to a statement by the British antitrust agency, the transaction is expected to raise concerns about competition, reported Reuters.
- Related: GE Agrees To Sell Part Of Steam Power's Nuclear Activities To EDF
- The report added that, before opening a formal inquiry, the Competition and Markets Authority (CMA) had invited preliminary feedback on the deal's possible effects in the U.K. from interested parties.
- Price Action: GE shares are trading higher by 1.54% at $92.72 on the last check Monday.
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