Only Alstom "energy" activities of interest General Electric
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A major operation goes well take place between Alstom and General Electric, as explained in Bloomberg this morning. However, the discussions would focus exclusively on Alstom "energy" activities, not on transport.
The French energy giant and Transport Alstom will lose a large part of its activities. Thursday morning, the American press agency Bloomberg said that the U.S. giant General Electric was about to launch a takeover bid for Alstom .In fact, the discussions would focus exclusively on the activities of the French energy group, according to information obtained by the BBC. Gas turbines, coal, distribution, offshore wind: these activities account for over 70% of total turnover of Alstom, which exceeds 20 billion euros. The transportation industry, which includes manufacturing TGV, remain listed independently.
Disposal of assets
This scheme allowed Alstom to publish a statement in which he says "being informed of any proposed public offer for its capital." And indeed, there should be no public offering, but a simple transfer of assets. The group said on May 7, he will "point on the prospects of its various activities," on the occasion of the publication of its annual results. The time will probably be ideal to discuss this proposed sale.
Governments have reacted cautiously. Thursday morning, the Prime Minister, Manuel Valls, said that France is attentive "to jobs, technology and policy center." Therefore no strong opposition. General Electric will be more credible in the eyes of the government that already has a global competence center in Belfort, in the field of gas turbines. Inherited a treasury center industry in 1999 to a company called ... Alstom.