GE Energy/ChevronTexaco Worldwide Gasification Technology Inc.
May 17, 2004
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GE Energy, a division of General Electric Company andChevronTexaco Worldwide Gasification Technology Inc., a subsidiary of ChevronTexaco Corporation announced plans for GE Energy to acquire ChevronTexaco's gasification technology business. The acquisition is subject to customary closing conditions, including government approvals. Financial details of the agreement were not disclosed.