France’s Alstom Accepts General Electric (GE) Bid

The board of French rail and energy group Alstom has unanimously voted in favor of General Electric’s (GE) offer to take over the French company’s energy business for an equity value of 12.35 billion euros ($16.77 billion), rejecting a rival offer from Siemens-Mitsubishi Heavy Industries. “The combination of the very complementary energy businesses of Alstom […] View the full post at: France’s Alstom Accepts General Electric (GE) Bid Related posts: Lions Gate Board Tells Shareholders to Reject Icahn’s Sweetened Offer NY Attorney General to Investigate AIGs CDS Contracts CIT Group CEO Jeffrey Peak to Resign