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GE-Alstom deal News

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The EU announced Tuesday it had approved a deal under which US giant General Electric will acquire the energy business of French company Alstom for 12 billion euros (USD 13.4 billion), after Alstom agreed to sell some assets to an Italian rival.
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The European Union has approved a deal under which General Electric will acquire the energy business of French company Alstom for USD 12 billion, a source close to the transaction said Monday.
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EU competition regulators launched Monday a probe into US group General Electric`s planned 12.4-billion-euro ($14.1-billion) acquisition of the energy business of French rival Alstom.






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