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Alstom saga ends with a “ménage à trois”
General Electric; Market Cap: $299.6bn (as of 06/11/2015) Alstom; Market Cap: $9.06bn (as of 06/11/2015) Introduction General Electric finally concluded its €9.7bn (about $10.6bn) acquisition of Alstom’s power business after getting the final regulatory approvals. The deal represents GE’s biggest ever industrial acquisition. GE’s offer was accepted by Alstom Read more…