French EDF set to buy GE's nuclear turbines business - La Tribune

France's state-backed utility EDF EDF.PA is set to buy General Electric's (GE) GE.N nuclear turbines activity, French newspaper La Tribune reported on Friday on its website.

GE's nuclear activities are mostly based in Belfort, in eastern France, and pooled in its GE Steam Power unit, La tribune also said. The unit makes the Arabelle turbines used in EDF's EPR nuclear reactors.

EDF had no immediate comment on the report. GE could not be reached for comment.

Source: French EDF set to buy GE's nuclear turbines business - La Tribune | Nasdaq