Wednesday, June 25, 2014

GE’s bittersweet $16.8 bn deal to buy Alstom

NEW YORK, June 25- General Electric scored large in its win over Siemens to buy the energy arm of French industrial giant Alstom. But being forced to accept the involvement of the interventionist French government in its largest ever acquisition could render the deal less sweet than GE hoped. On Saturday, the American company finalized […]

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