Jeffrey Immelt clinched General Electric Co.’s biggest acquisition ever, the $17 billion purchase of Alstom SA’s energy assets, after the resolution of the French government’s last condition for the deal.
July 19 (Bloomberg) -- Nicholas Heymann, an analyst at William Blair & Co., talks with Bloomberg's Tom Keene about the markets, the industrial sector getting a boost from China's slowdown and what's ahead for General Electric. He speaks on Bloomberg Television's "Bloomberg Surveillance." (Source: Bloomberg)
Jeffrey Immelt arrived in France today as the General Electric Co. chief executive officer makes a final push to sell the government and unions on its bid for Alstom SA’s energy assets over an offer led by Siemens AG.