Report: France wants Areva to buy Alstom wind unit if GE wins bid


France reportedly wants state-controlled nuclear group Areva (ARVCF) to take over Alstom's offshore wind turbine unit if GE's bid for Alstom (ALSMY, AOMFF) succeeds.

Areva and Alstom both produce offshore wind turbines and are part of different groups to build 3K mw of wind power off the French coast in coming years, although their technologies are different.

Comments (13)
  • rvshaw
    , contributor
    Comments (117) | Send Message
     
    Don't you just love socialism?
    9 May 2014, 07:57 AM Reply Like
  • vman
    , contributor
    Comments (152) | Send Message
     
    Deeper and deeper in debt on this deal... and it has only begun... Run Forest Run
    9 May 2014, 08:03 AM Reply Like
  • Freudo1
    , contributor
    Comments (36) | Send Message
     
    France--the only social democracy where the President cheats on his mistress.
    9 May 2014, 08:17 AM Reply Like
  • JMReno
    , contributor
    Comments (84) | Send Message
     
    I wouldn't count on that.
    9 May 2014, 08:26 AM Reply Like
  • TRHanson
    , contributor
    Comments (175) | Send Message
     
    So France wants to gut as much as they can from the company before GE can buy it?
    9 May 2014, 10:22 AM Reply Like
  • bberuch
    , contributor
    Comments (314) | Send Message
     
    I love ping pong, but not this kind. If they generate all this interference before how much more after the merger.
    9 May 2014, 10:29 AM Reply Like
  • Jules L
    , contributor
    Comments (5) | Send Message
     
    Do NOT create a hatred admosphere towards a country over a mere business deal !!
    9 May 2014, 10:35 AM Reply Like
  • rvshaw
    , contributor
    Comments (117) | Send Message
     
    Because there are so many other reasons to dislike France!
    9 May 2014, 04:02 PM Reply Like
  • renz70
    , contributor
    Comments (2) | Send Message
     
    GE had best learn to say "NO!" to this cherry picking approach. If not, they'll be buying a shell.
    9 May 2014, 12:56 PM Reply Like
  • Thinking DNA
    , contributor
    Comments (56) | Send Message
     
    I hope Immelt is having second thoughts....
    9 May 2014, 01:15 PM Reply Like
  • erjcerjc
    , contributor
    Comments (52) | Send Message
     
    This deal is the pits.
    9 May 2014, 01:26 PM Reply Like
  • rhub111
    , contributor
    Comments (14) | Send Message
     
    Any update on the spin off
    10 May 2014, 02:24 PM Reply Like
  • reurk
    , contributor
    Comments (46) | Send Message
     
    There are 3 reasons for GE to stay away from this deal

     

    FRANCE,FRANCE,FRANCE
    10 May 2014, 05:21 PM Reply Like
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