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GE, Alstom Land $5.6 Billion Deals To Supply Indian Railway

by Reuters | Nov 12, 2015 | Executive Briefing, Industry News

General Electric and Alstom have won contracts worth a combined $5.6 billion to supply India’s railways with new locomotives, as the vast but dilapidated state-owned network looks to foreign companies to help it modernize. France’s Alstom has been picked to supply 800...

Alstom Closes Sale Of Energy Business To GE

by The Commercial Record | Nov 2, 2015 | Executive Briefing, Industry News

French group Alstom said it had completed the 12.35 billion euro ($13.6 billion) sale of its energy business to General Electric Co. GE said the final purchase price was 9.7 billion euros, adjusted for proceeds Alstom is reinvesting in joint ventures with GE, changes...

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