Entering text into the input field will update the search result below

France obtains Alstom stake, clears GE deal

Jun. 23, 2014 2:25 AM ETGeneral Electric Company (GE) StockGE, MHVYF, ALSMY, BOUYF, SIEGYBy: Yoel Minkoff, SA News Editor1 Comment
  • 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.
  • Previous coverage

Recommended For You

About GE Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
GE--
General Electric Company