GE’s Alstom Deal Clears Antitrust Hurdles


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GE has addressed regulators’ concerns while preserving the deal’s drivers, Immelt says.
FAIRFIELD, CT—Antitrust regulators in Europe and the US have given a conditional go-ahead to GE’s planned acquisition of Alstom’s power and grid unit. The US Department of Justice and the European Union both informed GE that they would approve the deal provided that Alstom subsidiary Power Systems Manufacturing is divested…
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