Alstom

What GE’s Winning Bid Of Alstom Means

Recently, Alstom accepted General Electric’s (GE) offer after a bidding war, creating intriguing possibilities for French cleantech. Greentech Media notes the French government accepted GE”s bid over Siemen’s and Mitshbishi’s joint offer. Originally, the German energy giant had offered an asset and cash swap of €10–11 billion ($13.8–15.2 billion). Mitsubishi added their … [continued]

Image Credit: Alstom

GE May Buy Alstom For A Whopping $13 Billion!

General Electric is reportedly in talks to buy Alstom SA — one of the biggest energy solutions and transportation companies in the world — for more than $13 billion. This would put the buying price about 25% higher than Alstom’s current market price. If completed, the acquisition of the French-owned … [continued]