Alstom
Alstom approves €12.35b bid from General Electric
The board of French engineering group Alstom voted on Tuesday to accept a €12.35 billion takeover bid from US giant General Electric for its energy arm. The move will not go down well with the French government, who have appeared to favour a rival offer from Siemens.
Alstom: Intervention by government is all ‘noise’
As the future of French engineering jewel Alstom looks set to be decided in a bidding war between General Electric and Siemens, French ministers have tried to show they are in control of its destiny. But analysts say it's all for show and won’t change the outcome.
Alstom: Hollande to meet rival US, German bidders
In an effort to protect French interests and jobs, President François Hollande will meet on Monday with bosses from US-based GE and German firm Seimens as they battle to buy-out French industrial giant Alstom.
Siemens ready to talk with French Alstom
German industrial giant Siemens said on Sunday it was ready to discuss strategic opportunities with French engineering group Alstom after reports it was considering a takeover offer.