- Alstom (OTCPK:ALSMY) CEO Patrick Kron is confident the planned sale of his group's power business to General Electric will win EU approval.
- "I do not see why Plan A would not work out," Kron told Le Figaro, when asked if he has any plan B should Brussels block the deal.
- The Commission is concerned the takeover would leave just two gas turbine companies in Europe, with GE competing against Germany's Siemens.
- Alstom's shareholders will meet today to defend and discuss the project.