Tuesday, April 29, 2014

Alstom accepts GE offer for its energy unit: sources

PARIS (Reuters) - The board of French transport-to-turbines group Alstom has accepted General Electric's offer for its energy unit, two sources familiar with the situation told Reuters. Both sources said GE was not in exclusive talks with Alstom, which is also set to receive an offer from Germany's Siemens. One source said GE had offered to pay about 10 billion euros ($13.82 billion) for the unit. (Reporting by Geert De Clercq)



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