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France okays GE purchase of Alstom energy assets

Published Wed, Nov 5, 2014 · 09:50 PM
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Paris

FRANCE'S economy minister, Emmanuel Macron, on Wednesday authorised the sale of most of Alstom's energy assets to US group General Electric, clearing the way for a deal worth almost US$17 billion.

"Emmanuel Macron . . . today gave his authorisation to General Electric (GE) for the realisation of its investment project in France with Alstom and the creation of an in…

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