GE Renewable Energy acquires WMC test centre
Composites
GE acquires LM Wind Power
The acquisition is valued at 8.3 times the 2016 earnings before tax of LM Wind Power.
19th October 2016
Innovation in Textiles
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Kolding
Doughty Hanson, the European private equity firm, has agreed to sell its stakes in LM Wind Power for an enterprise value of €1.5 billion. The transaction is expected to close in the first half of 2017, subject to regulatory approvals.
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