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Image header Agence Europe
Europe Daily Bulletin No. 11368
Contents Publication in full By article 16 / 21
ECONOMY - FINANCE / (ae) competition

Merger with GE - Alstom drops its selling price

Brussels, 28/07/2015 (Agence Europe) - The French company Alstom has agreed to knock €300 million off the pricetag for the purchase of its 'energy' arm to the American giant General Electric, “in order to support GE in its proposal of a complete raft of measures designed to respond to the reservations expressed by the European Commission”, Alstom stated in a press release on Monday 27 July.

General Electric has explained that the change in the selling price would apply only if the...