French lawmakers were set to hear from the head of General Electric Co.’s local operations about the $17 billion bid for Alstom SA’s energy assets. Then Jeffrey Immelt flew in.
General Electric Co. , whose equipment generates about one-third of the world’s power, expects energy and health care to drive revenue in India to a $10 billion goal in five years, Chief Executive Officer Jeffrey Immelt said.
Jeffrey Immelt vanquished Siemens AG in the jockeying for Alstom SA’s energy assets and appeased French politicians. Now he’s looking ahead to the next obstacle: European regulators.
"The U.S. economy still feels like it's getting better. Certain things are clearly under stress. But we still think there is plenty of growth out there."
- Jeffrey Immelt on Dec 17, 2014
GE’s Immelt Targets Growth Rate That Is `Twice GDP’
Gunderson Discusses President's Jobs Commission