Alstom said the price reduction would contribute to the “remedy package” currently being discussed with the European Commission, which is investigating the proposed deal on competition grounds.
GE has put forward a list of concessions to the EU authorities seeking to address its concerns about the acquisition’s impact on the gas turbine sector.
Alstom said it and GE both “believe the deal is pro-competitive but have agreed to explore remedies to secure clearance”.
If
