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The terms of the final deal with GE approved by the Hollande government in France for Alstom

06/20/2014

The rail signalling business of GE will be combined with Alstom's rail business to create a larger French company and the Alstom name will be preserved. GE will get the gas turbine and energy business of GE and three 50-50 joint ventures in energy will be created for GE and Alstom. The French government will take a 20% interest in Alstom. According to GE 86% of the synergies and value is preserved outside the joint ventures in energy.

Grouped Articles

GE's Bid for Alstom Is Blessed by France

New York Times 06.20.2014

France Backs GE's Bid For Alstom

Wall Street Journal 06.25.2014

French Economy Minister, Arnaud Montebourg, Was Often Out of Step With President

New York Times 08.25.2014


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