Friday, April 25, 2014

GE in talks to buy Alstom's global power arm: sources

The logo of French power and transport engineering company Alstom is pictured on the roof of the company's plant in Reichshoffen General Electric is in talks with Alstom to take over its global power business and a deal could be announced in the coming days, two sources familiar with the matter said on Friday. One of the sources said the approach was initiated by Alstom and that its top shareholder Bouygues - which has a 29 percent stake - backed the proposed deal. Alstom declined to comment.








via Health News Headlines - Yahoo News http://ift.tt/1gX1zVk

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