By Joshua Kirby

 

The U.K.'s competition regulator said Monday that it is looking into Electricite de France SA's deal to buy General Electric Co.'s nuclear steam-power business.

The Competition and Markets Authority is inviting comments on the deal as it assesses whether it could affect competition in the U.K.

State-controlled utility EDF in November signed the acquisition of the activities of GE Steam Power, a subsidiary of the U.S. group, for an undisclosed sum.

The CMA said it will accept comments from interest parties until April 14, ahead of a potential formal investigation.

 

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

 

(END) Dow Jones Newswires

March 27, 2023 02:30 ET (06:30 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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