Press Release: Mergers: Commission clears GE’s acquisition of Alstom’s power generation and transmission assets, subject to conditions

Author (Corporate)
Series Title
Series Details IP/15/5606 (08.09.15)
Publication Date 08/09/2015
Content Type

On 8 September 2015, the European Commission approved the acquisition of Alstom's energy businesses by General Electric subject to divestment of central parts of Alstom's heavy duty gas turbines business to Ansaldo.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-15-5606_en.htm
Related Links
ESO: Background information: Mergers: Commission opens in-depth investigation into General Electric's proposed acquisition of Alstom's energy businesses http://www.europeansources.info/record/press-release-mergers-commission-opens-in-depth-investigation-into-general-electrics-proposed-acquisition-of-alstoms-energy-businesses/
European Commission: DG Communication: RAPID: STATEMENT/15/5611, 08.09.15: Statement by Commissioner Vestager on the Commission's conditional approval of General Electric's acquisition of Alstom's energy related business http://europa.eu/rapid/press-release_STATEMENT-15-5611_en.htm
Politico, 08.09.15: EC approves GE-Alstom deal http://www.politico.eu/article/ge-vestager-expected-to-secure-ec-nod-on-alstom-deal/
Politico, 08.09.15: GE-Alstom tie-up opens the door to China http://www.politico.eu/article/ge-alstom-gas-turbines-china-competitors/
EurActiv, 08.09.15: Commission clears partial takeover of Alstom by GE http://www.euractiv.com/sections/innovation-industry/commission-clears-partial-takeover-alstom-ge-317454
EUObserver, 08.09.15: EU approves US takeover of French engineering giant https://euobserver.com/economic/130163
GE: A good proposal for Alstom, for GE and for France http://www.ge-alstom.com/en/index.html
Politico, 10.09.15: How GE buried the ghost of Honeywell http://www.politico.eu/article/how-ge-buried-the-ghost-of-honeywell/
The New York Times, 08.09.15: G.E. Gets European Regulators’ Approval to Buy Alstom Power Unit http://www.nytimes.com/2015/09/09/business/international/ge-alstom-deal-europe-regulators.html?_r=0
The Wall Street Journal, 08.09.15: EU Approves GE’s Acquisition of Alstom’s Energy Business http://www.wsj.com/articles/eu-approves-ges-acquisition-of-alstoms-energy-business-subject-to-conditions-1441721547

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