#General Electric


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GE bid process for Alstom going as expected

USA, Connecticut: General Electric (GE)’s process of the $ 16.9 billion bid for the Alstom’s power turbine and grid business is going as expected according to the president of GE’s power unit.

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Toshiba interested in acquiring Alstom

Japan: Toshiba will make an offer to General Electric (GE) to acquire the power transformer and management systems from the energy department of Alstom.