GE-Alstom's $14-billion deal gets okay from EU, US

Last Updated: Wednesday, September 9, 2015, 13:15

US-based General Electric in April last year had offered to buy France's Alstom energy business for USD 13.9 billion.

EU approves $13.4 billion GE's Alstom buyout

Last Updated: Tuesday, September 8, 2015, 23:26

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.

EU regulators have approved GE-Alstom deal: Source

Last Updated: Monday, September 7, 2015, 23:00

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.

FDI in railways: GE, Alstom ahead in race for bagging loco projects in Bihar

Last Updated: Tuesday, September 1, 2015, 23:29

GE and Alstom are believed to be ahead of other bidders in the race to bag contracts for the setting up of multi-crore diesel and electric locomotive factories in Bihar that are among the top eight infrastructure initiatives which are being monitored by the PMO.

EU probes 12.4-bn-euro GE-Alstom deal

Last Updated: Monday, February 23, 2015, 22:22

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.