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The French government has approved GE’s revised $17bn bid for Alstom, and announced its intention to buy a 20% stake in Alstom, ushering in an end to the takeover saga which had eventually drawn in rivals Siemens and Mitsubishi Heavy Industries.

France chooses GE for Alstom

The French government has approved GE’s revised $17bn bid for Alstom, and announced its intention to buy a 20% stake in Alstom, ushering in an end to the takeover saga which had eventually drawn in rivals Siemens and Mitsubishi Heavy Industries.

The French government has approved GE’s revised $17bn bid for Alstom, and announced its intention to buy a 20% stake in Alstom, ushering in an end to the takeover saga which had eventually drawn in rivals Siemens and Mitsubishi Heavy Industries.