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General Electric Co. GE, -0.06% said Thursday it expects to book a charge of $700 million to $800 million related to the sale of part of GE Steam Power’s nuclear business to French utility Électricité de France S.A. That transaction, which is expected to close in the first half of 2023, “will result in a reclassification of that business to “held for sale” in the first quarter of 2022,” GE said in a regulatory filing.
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