Tag: Alstom

• Monday, June 23rd 2014 - 07:29 UTC

  French energy 'jewel' Alstom taken over by General Electric

  

  The board of directors of French power-to-rail group Alstom unanimously approved US conglomerate General Electric's 12.35 billion Euro bid to acquire its energy business.

• Saturday, August 10th 2013 - 16:18 UTC

  France’s Alstom paid millions in bribes to secure contracts in Brazil

  

  French power company Alstom paid millions of dollars in bribes to secure lucrative contracts in Sao Paulo state in 1998, a Brazilian newspaper reported this week. The Estado de Sao Paulo cited federal police documents as saying Alstom executives were among 10 people facing charges in connection with the scandal.