Similar Stories to Ge Set For Cost Cuts As Eu Decision On Alstom Deal Nears on Bing News

(Reuters) - General Electric Co is expected to win regulatory approval next week for its purchase of the power equipment business of France's Alstom, allowing the U.S. industrial conglomerate to finally carry out a major cost-cutting program 16 months after first announcing the deal.

Topics:  reuters    general electric co   france's alstom   u.s    cost   deal   
BING NEWS:
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    04/24/2024 - 3:10 am | View Link
  • Will GE do better as three companies than as one?
    GE ended 2018 with a $23bn write-down of its power business (largely due to the Alstom deal), a $15bn capital shortfall in a rump reinsurance business, a net annual loss of $22bn and more than $ ...
    04/1/2024 - 1:00 pm | View Link
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