In its biggest takeover to date, General Electric bought Alstom's power business for $17 billion in the first half of 2014. With this deal, GE has further cemented its foothold in the power and energy ...

Addressing the press at Power Generation Week on Tuesday afternoon, Joe Mastrangelo, president and CEO of Gas Power Systems for GE Power, told reporters that GE and Alstom will benefit synergistically ...

The European Union spoiled General Electric CEO Jack Welch's retirement when it prevented his $53 billion plan to buy Honeywell International. Thirteen years later, his successor Jeffrey Immelt may be ...

PARIS (AP) — General Electric Co. on Thursday submitted a revised offer to buy the power generation business of France’s Alstom SA that the American company hopes will be enough to win approval from ...

PARIS (AP) — The chief executive of General Electric is promising to create jobs in France and trying to charm the French president into backing a $17 billion GE buyout of manufacturer Alstom’s energy ...

SCHENECTADY, N.Y.--(BUSINESS WIRE)--For years, crippling electricity shortages have plagued Pakistan, creating challenges for residents and businesses alike, and fixing the problem has become a ...

General Electric (NYSE: GE) is in talks to buy Alstom and an agreement may be announced as early as next week, according to a report from Bloomberg. People with knowledge of the matter told Bloomberg ...

General Electric Co. on Monday said it had wrapped up its long-running acquisition of Alstom SA’s power business, following months of tough negotiations with European regulators and marking one of ...

BELFORT France (Reuters) - In a joint trip to the eastern town of Belfort that is the cradle of their cooperation in France, the bosses of Alstom and General Electric defended their tie-up as good for ...

Make no mistake, General Electric is a giant industrial powerhouse and the company wants to lead every market in which it competes. Right now, GE has its sights set on France's Alstom SA energy assets ...

PARIS (Reuters) - Alstom said it had completed the 12.35 billion euro (8.81 billion pounds) sale of its energy business to General Electric Co, helping the French group refocus on its transport ...

PARIS — The board of Alstom SA has unanimously approved GE’s $17 billion offer to buy the French company’s power generation business, the companies announced Saturday. GE says that if shareholders and ...