Deals
GE Said to Refine Jobs, Nuclear Plans in Alstom Deal
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General Electric Co. is in talks with France to refine guarantees on jobs, planned investments and access to nuclear technology under its $17 billion bid for Alstom SA’s energy assets ahead of a June 23 offer deadline, people familiar with the matter said.
The negotiations are intended to help set GE’s plan apart from Siemens AG’s proposal, said the people, who asked not to be identified because details are private. The measures include an independent audit to back up GE’s vow to create 1,000 industrial jobs in France as part of an Alstom deal, one person said.