"GE Vernova Acquires Full Ownership of Prolec GE in $5.3 Billion Deal"

**Press Release Summary** In a significant transaction, BMA Advogados, Skadden, Arps, Slate, Meagher & Flom, and Galicia Abogados provided legal assistance to GE Vernova in its acquisition of the stake held by the Mexican group Xignux in Prolec GE, a joint venture between the two companies. The transaction involves GE Vernova acquiring the remaining fifty percent (50%) of shares in Prolec GE Brasil Transmissão de Energia, thereby becoming its sole shareholder. The total value of the transaction is approximately US$ 5.3 billion, with payment structured in equal parts of cash and debt. The completion of the deal is anticipated by mid-2026, pending customary conditions and regulatory approvals, including clearance from the Brazilian Antitrust Authority (CADE). The legal teams involved in this transaction include: **BMA Advogados (Brazil)** - **Partners:** - Francisco Müssnich - Camila Goldberg - Hermano A. C. Notaroberto Barbosa - Barbara Rosenberg - Anna Carolina Malta Spilborghs - Fernanda Rochael Nasciutti - Gustavo Maia - Bruna de Barros Correia - Fernanda Tanure - **Associates:** - Thamires Guerra - Júlia Chagas - Andrea Oliveira - Matheus Galdino - Pâmela Correa - Maria Sampaio - Bruna Silveira de Alencar - Jean Daniel Demattio Jaldin - Mariana de Souza Carvalho - José Luiz Meira Fernandes Cardoso - Ana Luisa Nascimento Dantas - Matheus Pedrosa Hipólito - Pedro Tavares - Tathyana Milana Candu - Guilherme Garcia - Beatriz Camargo Ferrari - Thais Maria Dias de Oliveira - Luis Eduardo Bernardes Kussarev Al-contar - Rafael Fogel Klarnet - Júlia Calgaro Moreira - Isabella Ardente de Almeida da Rocha - Maria Eduarda Echeverria Magacho - Igor de Castro Pinheiro - Marlus Oliveira - Caio Leonardo De Figueiredo Gomes - Fernanda Villela Viana **Skadden, Arps, Slate, Meagher & Flom (USA)** - Involved in the global coordination of the transaction. **Galicia Abogados (Mexico)** - Participated in the legal aspects of the deal.

"GE Vernova Acquires Full Ownership of Prolec GE in $5.3 Billion Deal"

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