28 September 2017
Clifford Chance advises General Electric on the sale of GE Industrial Solutions to ABB
International law firm Clifford Chance has advised General Electric on the merger control aspects of its $2.6 billion sale of its global electrification solutions business, GE Industrial Solutions to ABB.
Clifford Chance is coordinating the submission of the global (ex-US) merger filings as the transaction is likely to trigger over 15 filings across the globe. The transaction is expected to close in H1 2018, subject to regulatory clearances.
The Clifford Chance team advising General Electric is led by Antitrust Partner Tony Reeves in Brussels, with support from Counsel Jim Back and Heleen Engelen and Stavroula Vryna (Associate). The Clifford Chance office in Beijing is also involved.