GE attempts to win French support by altering Alstom bid
France, Levallois-Perret: General Electric (GE) announced a revised $ 13.5 billion bid for the Alstom energy business aimed at the French government.
#French government
GE’s offer likely to receive approval from the French government
France, Levallois-Perret: It is likely that GE’s offer for the Thermal Power, Renewable Power, and Grid businesses of Alstom will receive the approval from the French government.
GE and Siemens defend rival plans, Siemens to submit formal offer by 16th June
France, Levallois-Perret: General Electric (GE) and Siemens defended rival proposals to buy Alstom’s power business on Tuesday.
GE extends deadline on Alstom bid to the 23rd June
France, Levallois-Perret: General Electric announced it will extend its $ 16.9 billion bid for the Alstom power business until the 23rd June at the request of the French government.
Siemens to make formal Alstom bid
France, Levallois-Perret: Siemens is preparing a formal asset-swap offer for Alstom’s power business this week.