Press Release: Mergers: Commission opens in-depth investigation into General Electric’s proposed acquisition of Alstom’s energy businesses

On 23 February 2015 the European Commission opened an in-depth investigation to assess whether General Electric's (GE) proposed acquisition of the Thermal Power, Renewable Power & Grid businesses of Alstom was in line with the EU Merger Regulation.

The Commission’s preliminary investigation indicated potential competition concerns in the market for heavy-duty gas turbines which are mainly used in gas-fired power plants. The transaction would bring together the activities of GE, the world's largest manufacturer of heavy-duty gas turbines, with those of Alstom, eliminating one of the three main global competitors to GE in this market.

EurActiv, 24.02.15: EU regulators take closer look at GE's Alstom deal http://www.euractiv.com/sections/energy/eu-regulators-take-closer-look-ges-alstom-deal-312361

ESO: Background information: Siemens, Mitsubishi unveil Alstom merger plan / France secures option for major stake in Alstom / French government backs GE bid for Alstom http://www.europeansources.info/record/siemens-mitsubishi-unveil-alstom-merger-plan-france-secures-option-for-major-stake-in-alstom-french-government-backs-ge-bid-for-alstom/

Deutsche Welle, 23.02.15: EU launches probe into GE-Alstom deal http://dw.de/p/1EgFn

Politico, 12.05.15: To appease regulators, GE weighs concessions on Alstom http://www.politico.eu/article/to-appease-regulators-ge-weighs-concessions-on-alstom/

Politico, 29.05.15: France warns Vestager over GE/Alstom http://www.politico.eu/article/france-warns-vestager-over-gealstom/

Politico, 12.06.15: Commission threatens to block GE’s Alstom bid http://www.politico.eu/article/commission-threatens-to-block-ges-alstom-bid/

EurActiv, 28.07.15: Alstom offers concessions to keep GE deal on track http://www.euractiv.com/sections/energy/alstom-offers-concessions-keep-ge-deal-track-316650

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