Alstom

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  • France's President Francois Hollande, center, gestures as he talks to the media after an interview with BFM television journalist in Paris, Tuesday, May 6, 2014. Hollande celebrates Tuesday his second anniversary in charge. (AP Photo/Thibault Camus, Pool)

    France says GE offer for Alstom not good enough

    French President Francois Hollande says that an offer by General Electric Co. for troubled French engineering company Alstom is not good enough and wants the U.S. company to come up with a better deal.


  • FILE - In this April 28, 2014 file photo, General Electric Co. CEO Jeffrey R. Immelt leaves the Elysee Palace after meeting with French President Francois Hollande in Paris. General Electric inched closer to buying the energy-related businesses of France's Alstom by making a $16.9 billion bid, but rival offers and political concern in France may hold up or scuttle the deal. (AP Photo/Michel Euler, File)

    GE buy of Alstom energy business not a done deal

    General Electric inched closer to buying the energy-related businesses of France's Alstom by making a $16.9 billion bid, but rival offers and the concerns of French politicians may hold up or scuttle the deal.


  • U.S. giant General Electric Co. CEO Jeffrey R. Immelt leaves the Elysee Palace after meeting with French President Francois Hollande in Paris, Monday, April 28, 2014.  Hollande met Sunday with top members of the government to discuss Alstom, hours after the Economy Minister Arnaud Montebourg warned the engineering company not to pursue a "precipitous" tie-up with U.S. giant General Electric Co., saying that France's national interest is at stake in a potential sale. (AP Photo/Michel Euler)

    Orchestrating Alstom follows long French tradition

    France's Socialist leader summoned three CEOs to the presidential palace on Monday to orchestrate the sale of Alstom, an engineering firm and treasure of French industry, in the government's latest effort to bring globalization to heel.


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