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Alstom shareholders OK sale of power arm to GE

Dec. 19, 2014 10:17 AM ETAlstom SA (ALSMY) StockGE, ALSMYBy: Carl Surran, SA News Editor4 Comments
  • Alstom (OTCPK:ALSMY) shareholders overwhelmingly approve the company's plan to sell most of its power equipment business to GE.
  • Alstom had said last month it could return up to €4B ($4.92B) in cash to shareholders from the €12.35B deal.
  • Earlier: Alstom CEO discusses impact of fine on GE deal

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