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EDF acquires GE Steam Power’s nuclear activities from GE Vernova

This acquisition follows on from the exclusivity agreement signed between EDF and GE on 10 February 2022, the final agreement signed on 4 November 2022, and the fulfilment of all required conditions. Niederer Kraft Frey acted as Swiss counsel to EDF. The NKF team comprised Corporate/M&A partner Philipp Haas, senior associate Samuel Hochstrasser and associate Pascal Hodel (both Corporate/M&A), partner Nicolas Kuonen and senior associate Grégoire Chappuis (both Dispute Resolution).