France Backs GE’s Bid For Alstom – Wall Street Journal

Wall Street Journal
The deal for Alstom’s electricity business would reduce GE’s reliance on its banking arm and help Mr. Immelt deliver on a pledge to refocus the conglomerate around its industrial operations, which investors value more. The concessions will mean a smaller …
GE Wins French Support on Alstom With State Seeking 20%Businessweek
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