#GE

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.

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.

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

Nigeria: According to General Electric (GE)’s Mr Lazarus Angbazo, President & Chief Executive Officer, CEO, General Electric Nigeria, the country’s electricity infrastructure is ageing and degraded, and causing the current power crisis in the country.

USA, Connecticut: Alstom formally endorsed a $ 17 billion all-cash offer from General Electric for its energy division.

France, Levallois-Perret: Siemens AG stepped up plans for a bid for Alstom assets to counter General Electric Co., while ABB said it was closely following the bidding war.

Ireland, Dublin: Research and Markets has announced the addition of the “Global Transformer Monitoring Solutions Market 2014-2018 with ABB, Alstom, GE, Schneider Electric & Siemens Dominating” report to their offering.

USA, Connecticut: GE’s Digital Energy has added the new PROLEC-GE flexible integrated transformer (FIT) to its medium-power transformer portfolio.

USA, Illinois: GE will display a variety of its industry products and service capabilities at the April 2014 IEEE PES in Chicago. The solutions include company’s new high-voltage offerings and transformative 3-D interactive power system tools.