- The last remaining element to the General Electric (NYSE:GE)-Alstom (OTCPK:ALSMY) deal has now been complete, after the French government secured its 20% stake in Alstom from Bouygues (OTCPK:BOUYF). Bouygues will lend the shares to the French state, in order for the government to become an immediate shareholder.
- After being ousted from the the deal, Siemens (OTCPK:SIEGY) CEO Joe Kaeser says he's still ready to negotiate with Alstom should the agreement between GE and the power equipment company fall apart.
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