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The French government gave the green light on Wednesday for General Electric's planned € 12.4 billion euro purchase of most of Alstom's power business.
Economy Minister Emmanuel Macron said in a statement that the government would activate the process that would see it take a stake of up to 20 percent in French engineering group Alstom from shareholder Bouygues once the GE-Alstom deal was fully completed.
(source reuters)
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| #51 Senvion MM92 wind turbine installed in Serra do Caramulo, Portugal (courtesy Pedro Matos) |
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