Deals
Alstom Board Said to Meet on GE Amid Government Concern
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Alstom SA’s board met today to discuss the potential sale of the bulk of the French power-plant maker to General Electric Co., a person familiar with the matter said, amid mounting French government concern about the deal.
An announcement may come as soon as April 28, said the person, who asked not to be identified because details are private. Industry Minister Arnaud Montebourg, who has said he’s working on alternatives to the tie-up, will meet GE executives to discuss the case, and Alstom stock trading was suspended.