Say 'Non' to French Interference on GE's Alstom Bid

Globalization has put paid to the notion that domestic political posturing should be allowed to block a takeover. France should stop interfering in GE's attempts to buy Alstom. 
Even the French must let foreigners buy their big companies today. Photographer: Balint Porneczi/Bloomberg

General Electric's Jeffrey Immelt wants to buy the energy assets of France's Alstom in what would be GE's biggest ever takeover. Some French officials, however, would prefer to contrive a European deal with Germany's Siemens. So will suspicion of les Americains triumph?

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