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Macro Finance

GE Vernova To Pay $9 Billion for Grid Supplier Trench Group

Bloomberg Markets·October 28, 2026·1 min read

GE Vernova Inc. agreed to pay $9 billion to acquire Trench Group, a supplier of high-voltage power grid equipment. The deal aims to bolster GE Vernova's portfolio to meet surging electricity demand. The acquisition is expected to enhance the company's capabilities in grid infrastructure.

Read at Bloomberg Markets
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