Reuters logo
GE in talks to buy France's Alstom - Bloomberg
April 23, 2014 / 9:36 PM / 4 years ago

GE in talks to buy France's Alstom - Bloomberg

April 23 (Reuters) - General Electric Co is in talks to buy French turbine and train maker Alstom SA for about $13 billion, Bloomberg reported, citing people with knowledge of the matter.

The companies may announce the deal as early as next week, the report cited the people as saying. (r.reuters.com/teg78v)

An Alstom spokeswoman denied the report saying “these are totally unfounded rumours”.

A GE spokesman declined to comment.

Alstom has a market valuation of about $10.37 billion, according to Thomson Reuters data. (Reporting by Aman Shah in Bangalore and Natalie Huet in Paris and Lewis Krauskopf in New York; Editing by Savio D‘Souza)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below