GE and Alstom get $5.6 billion deals to build India railways

General Electric Co. and Alstom have won contracts from India's state owned rail company worth a combined of $5.6 billion to supply and service diesel locomotives as the country works to modernise its infrastructure. The contracts are also the biggest deal to be awarded by India to foreign firms.

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GE would offer concessions to win EU approval of Alstom deal: executive

General Electric Co (GE.N) said on Monday for the first time it would be willing to consider concessions in order to win European approval to acquire the power equipment unit of France's Alstom (ALSO.PA).

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'Made in China' nuclear reactors a tough sell in global market

As China signs global deals to export its nuclear power technology, it faces a huge obstacle: it still needs to show it can build and safely operate these reactors at home.

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Alstom shareholders back 12.35 billion euro sale of power arm to GE

Alstom (ALSO.PA) shareholders on Friday backed with 99.2 percent of votes the French engineering group's plan to sell most of its power equipment business to General Electric (GE.N) and refocus on its smaller rail arm.

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Alstom union fears 320 job cuts at Belfort train-making plant

Alstom (ALSO.PA), which is selling most of its power arm to General Electric (GE.N) to focus on train-making, could halve staff at its Belfort plant in eastern France to cope with flagging locomotive demand, Alstom's main union warned on Friday.

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GE says Alstom power deal on pace for mid-2015 closing

General Electric Co's (GE.N) $16.9 billion purchase of the power assets of France's Alstom (ALSO.PA) is on pace for closing in the middle of next year after passing several steps, the head of GE's power business said on Wednesday.

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French government gives green light for GE-Alstom deal

The French government gave the green light on Wednesday for General Electric's (GE.N) planned 12.4 billion euro ($15.6 billion) purchase of most of Alstom's (ALSO.PA) power business.

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BrightSource raises US$15 million from investors

BrightSources stated that it has raised up to US$15 million in convertible promissory note offerings and equity funds.

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Alstom: Power grids to spend US$64.3 billion on new equipment by 2020

According to Alstom's estimates, by 2020, the grid businesses would spend US$64.3 billion for new equipment.

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Reduced Credit Risk Leads Alstom to Issue Bonds

Alstom issued bonds while credit risk was at a reduced level.

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Alstom fronts credit risk-driven bond sale

Alstom said that it will sell its bonds as Euro credit risk declines.

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EU mergers and takeovers (Sept 20)

Mergers under review by the European Commission and a brief guide to the EU merger process.

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