General Electric to submit bid for Areva's Adwen on August 24: media
The ticker and logo for General Electric Co. is displayed on a screen at the post where it's traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2016. REUTERS/Brendan McDermid
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PARIS (Reuters) - General Electric (NYSE: GE) plans to submit a bid as early as Thursday to acquire French wind power group Adwen, jointly owned by Spain's Gamesa (NYSE: GAM) and France's Areva
Sources told Reuters in July that General Electric and German wind turbine maker Senvion
The paper said GE was preparing to submit its bid on Aug. 24, but did not give any further details. General Electric declined to comment, while Areva was not immediately available to comment.
However, under the terms of a side-deal agreed in connection with Siemens's buyout of Gamesa, Areva has until mid-September to look for an alternative buyer.
(Reporting by Dominique Rodriguez; Writing Bate Felix; editing by John Irish)
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