GE clears final hurdle to $14 billion Alstom deal
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General Electric (GE) Comments on Alstom Deal Following American, European Antitrust Clearance
September 8, 2015 10:30 AM EDTGeneral Electric (NYSE: GE) was informed today that the European Commission (EC) has approved the proposed Alstom power and grid deal and that the Department of Justice has also filed a proposed consent decree that would permit the acquisition to close. These clearances pave the way for GE to complete the transaction as early as possible in the fourth quarter.
"Today's decisions by the European Commission and Department of Justice are major milestones in completing this deal as early as possible in the fourth quarter, said Jeff Immelt, GE Chairman and... More
