A South Shore bank has been acquired in a multimillion-dollar deal, marking the eighth merger in a decade for the parent company of a fast-growing Massachusetts lender.
GE Vernova will spend $5.3 billion to fully acquire power transformer-maker Prolec GE as artificial intelligence continues to gobble up electricity and drive up demand for power.
Applegreen will no longer be in charge of redeveloping 18 service plazas on the Massachusetts Turnpike. Here's where the billion-dollar overhaul stands and what will happen with rival bidder Global Partners' bid.
GE Vernova has nearly doubled in value since the start of the year despite a high-profile accident last year caused by a defect with a blade it manufactured for the Vineyard Wind project.