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Jeffrey Immelt

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  • GE trumpets jet venture to bolster Alstom bid Tuesday, 29 Apr 2014 | 5:49 AM ET
    Jeff Immelt, chairman and chief executive officer of General Electric Co.

    General Electric hopes that three letters - CFM - will convince French leaders to back its offer to rescue Alstom.

  • *Immelt hoping to convince France to back Alstom offer. *Industry experts say Alstom deal may have to be different. PARIS, April 29- As General Electric tries to convince French leaders to back its offer to rescue engineering firm Alstom, it hopes that three letters will convince them of its good will: CFM.

  • PARIS, April 28- France said it would defend jobs and its national interest as it met suitors for engineering group Alstom on Monday, suggesting Germany's Siemens may have an edge over U.S. giant General Electric.

  • PARIS, April 28- General Electric, the U.S. group that is eyeing the power turbine assets of France's Alstom, said on Monday that CEO Jeff Immelt had held a "productive" meeting with French President Francois Hollande on his firm's potential investment in Europe's second-biggest economy.

  • PARIS, April 28- France will block any deal involving engineering group Alstom it considers unfit, Economy Minister Arnaud Montebourg said ahead of a meeting between President Francois Hollande and General Electric's chief executive to discuss Alstom's future.

  • French president, GE boss to meet over Alstom future Sunday, 27 Apr 2014 | 6:54 PM ET

    PARIS, April 28- President Francois Hollande and his Economy Minister Arnaud Montebourg are set to meet with General Electric Chief Executive Jeff Immelt on Monday to discuss the future of French engineering group Alstom, a presidential official said.

  • *French minister confirms GE wants to buy Alstom power arm. *President Hollande gathers ministers to discuss Alstom. PARIS/ FRANKFURT, April 27- Siemens and the French government intervened in General Electric's plan to buy the power arm of Alstom on Sunday with an alternative European "champions" tie-up proposal and a pledge to act in France's national interest.

  • PARIS/ FRANKFURT, April 27- Siemens and the French government intervened in U.S.-based General Electric's plan to buy the power arm of France's Alstom on Sunday by offering an alternative tie-up between European "champions" and a pledge to act in France's national interest.

  • PARIS April 27- German engineering group Siemens is offering Alstom half of its train-making business plus cash in exchange for its French rival's power turbines division, Le Figaro newspaper reported on Sunday.

  • PARIS, April 27- France's Economy Minister Arnaud Montebourg confirmed for the first time on Sunday that both General Electric and Siemens were interested in engineering group Alstom and said he would not allow any hasty decisions. In a statement, he said he first learned of GE's interest on Thursday and then of Siemens' proposal earlier on Sunday.

  • *Siemens says willing "to discuss future strategic opportunities" with Alstom. PARIS/ FRANKFURT, April 27- Alstom's arch rival Siemens wants talks with the struggling French engineering group, the German company said on Sunday, the day General Electric boss Jeff Immelt is due in Paris to thrash out a deal to buy Alstom's global power arm.

  • PARIS, April 26- General Electric boss Jeff Immelt is due in Paris on Sunday and is expected to meet France's economy minister as he closes in on a deal to buy the global power arm of struggling French engineer Alstom, sources close to the matter said. Some put a $13 billion valuation on Alstom's turbines and power grid equipment business.

  • GE boss to meet French minister as Alstom deal progresses Saturday, 26 Apr 2014 | 10:17 AM ET

    GE boss is due in Paris on Sunday and is expected to meet France's economy minister as he closes in on a deal to buy the power arm of French engineer Alstom

  • GE boss to meet French minister as Alstom deal progresses Saturday, 26 Apr 2014 | 10:01 AM ET

    PARIS, April 26- General Electric boss Jeff Immelt is due in Paris on Sunday and is expected to meet France's economy minister as he closes in on a deal to buy the global power arm of struggling French engineer Alstom, sources close to the matter said. Some put a $13 billion valuation on Alstom's turbines and power grid equipment business.

  • NEW YORK, April 25- General Electric Co expects annual profit from energy investments to double to nearly $800 million by 2020, highlighting the conglomerate's desire to remain a financing powerhouse for industry even as it slims its credit card portfolio.

  • GE's energy financing profits could double by 2020 Friday, 25 Apr 2014 | 11:04 AM ET

    NEW YORK, April 25- General Electric Co expects annual profit from energy investments to double to nearly $800 million by 2020, highlighting the conglomerate's desire to remain a financing powerhouse for industry even as it slims its credit card portfolio.

  • European markets close: 'Oui' to GE?     Thursday, 24 Apr 2014 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the possibility of GE buying turbine maker Alstom.

  • UPDATE 3-Alstom shares jump on report of GE bid Thursday, 24 Apr 2014 | 8:08 AM ET

    *Alstom shares up more than 14 percent. *GE declines to comment; Bouygues supports Alstom strategy. A deal, which would be GE's biggest ever and would hand it control of Alstom's high-speed TGV trains and rail-signal technology, has the support of Bouygues, Alstom's biggest shareholder with a 29 percent stake, the report said.

  • PARIS/ NEW YORK, April 24- Alstom said on Thursday it was not informed of any potential public tender offer for its shares, which opened 17 percent higher after Bloomberg reported that General Electric was in talks to buy the French turbine and train maker for about $13 billion.

  • UPDATE 1-GE in talks to buy France's Alstom - Bloomberg Wednesday, 23 Apr 2014 | 6:11 PM ET

    April 23- General Electric Co is in talks to buy French turbine and train maker Alstom SA for about $13 billion, Bloomberg reported, citing people with knowledge of the matter.