GE Wins EU-U.S. Approval for Alstom Deal With Asset-Sale Vow

Updated on
  • Regulators sign off after accord on gas-turbine divestitures
  • Deal is good for customers, GE and investors, Immelt says

An Alstom employee works a turbine unit under construction inside Alstom SA's power-generation plant in Belfort, France, on Tuesday, June 24, 2014.

Photographer: Simon Dawson/Bloomberg

General Electric Co. got the go-ahead from European and U.S. antitrust regulators to buy most of Alstom SA’s energy business, boosting Chief Executive Officer Jeffrey Immelt’s attempt to return GE to its industrial roots.

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