Turbine maker gets injunction on Contact Energy deal
Transfer to rival GE halted pending trade secrets trial.
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Engineering firm Siemens has won an interim court injunction preventing rival GE from examining a gas turbine it acquired from Contact Energy’s [NZX: CEN] decommissioned Otahuhu power station.
GE signed a deal to buy the turbine on May 13 but the purchase was challenged by the turbine’s maker
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Tim Hunter
Mon, 22 Aug 2016
Mon, 22 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Turbine maker gets injunction on Contact Energy deal
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