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Friday, 12 September 2025

GE Vernova plans to sell its Proficy industrial software unit to PE firm TPG for $600M and reinvest the proceeds in grid software (Reuters)

Reuters:
GE Vernova plans to sell its Proficy industrial software unit to PE firm TPG for $600M and reinvest the proceeds in grid software  —  GE Vernova (GEV.N) said on Thursday it will sell its Proficy industrial software unit to private equity firm TPG for $600 million and reinvest the proceeds in grid software.



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