GE – Alstom Deal Continues to Run Into Politics

This deal is far more accretive to GE than Siemans ( SI , quote ).  GE has been stalking Alstom for years.  Jeff Immelt was intense in his pursuit back in 2009.  Siemens only playing defense in their bid as they compete in Europe with GE daily on power.

Read more at: http://www.nasdaq.com/article/ge-alstom-deal-continues-to-run-into-politics-cm348167#ixzz30HrAjlua

Leave a comment