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Re: 3xBuBu post# 245

Tuesday, 06/24/2014 1:31:04 PM

Tuesday, June 24, 2014 1:31:04 PM

Post# of 318
French government planned to purchase a 20 percent stake in Alstom SA (ALO), the French manufacturer at the heart of a takeover battle between Fairfield, Connecticut-based General Electric Co. (GE) and Siemens AG of Munich, Montebourg told a press conference hours before kick-off on June 20. GE would gain energy assets from Alstom for $17 billion, while a competing group led by Siemens walked away empty-handed.
http://www.bloomberg.com/news/2014-06-24/immelt-s-alstom-push-crowned-by-promise-under-chandelier.html






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