FAIRFIELD (dpa-AFX) - General Electric Co. (GE) is in discussions to purchase France' Alstom SA (AOMFF.PK, ALS.L), Bloomberg reported, citing people with knowledge of the matter. An agreement would be announced next week, the report added.
General Electric may pay more than $13 billion for the Speed-train maker, the report said.
Alstom, which is chaired by Patrick Kron, is present in around 100 countries and had 93,000 permanent employees as at 31 March 2013. The company's sales for 2012/13 period totaled EUR 20.3 billion.
Copyright RTT News/dpa-AFX