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Francois Hollande

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  • UPDATE 4-GE eases ahead in race for Alstom power assets Wednesday, 30 Apr 2014 | 10:21 AM ET

    *Alstom says committee to review offer before end-May. PARIS, April 30- Cash-strapped French engineering group Alstom said on Wednesday it would explore a $16.9 billion offer from General Electric for its energy arm while leaving the door open to a rival bid from Germany's Siemens.

  • *Alstom says committee to review offer before end-May. *Alstom says would refocus on transport, repay debt. PARIS, April 30- Cash-strapped French engineering group Alstom said on Wednesday it would study a $16.9 billion offer from General Electric for its energy arm but left the door open for a rival bid from Germany's Siemens.

  • NEW YORK, April 30- The head of General Electric said on Wednesday talks with the French government on its offer for Alstom's energy assets had been "productive" and expressed confidence that the deal would go through despite a potential rival offer from Germany's Siemens.

  • NEW YORK, April 30- The head of General Electric said on Wednesday that talks with the French government on its offer for Alstom's energy assets had been "productive" and expressed confidence it would go through despite a potential rival offer from Germany's Siemens.

  • PARIS, April 30- France's Alstom said on Wednesday it would review a binding offer from General Electric for its energy business by the end of May and left the door open for a competing bid from Germany's Siemens.

  • *Talks not exclusive, Alstom can hold talks with Siemens. The French transport-to-turbines group is also set to receive an offer from its much larger German competitor Siemens AG, which said it had sent a letter to Alstom after its managing and supervisory boards had decided to make an offer.

  • PARIS/ FRANKFURT, April 29- Germany's Siemens said on Tuesday it would make an offer to French engineering group Alstom if it is given four weeks to examine its books and draw up a detailed plan to rival a move by General Electric.

  • *Alstom may grant Siemens 2-3 weeks to provide details. PARIS/ LONDON, April 29- Alstom is likely to give Germany's Siemens two to three weeks to draw up a detailed plan to buy the French engineering group's power business, sources close to the talks said on Tuesday.

  • PARIS, April 28- France said it would defend jobs and its national interest as it met suitors eyeing a breakup of engineering group Alstom on Monday and suggested it preferred Germany's Siemens over U.S. giant General Electric.

  • 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.

  • Germany voices support for Siemens-Alstom deal Monday, 28 Apr 2014 | 9:58 AM ET

    BERLIN, April 28- The German government voiced support on Monday for a deal between Siemens and France's Alstom, saying mooted plans for a swap of energy and rail assets could offer "great opportunities" for both countries.

  • 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.

  • 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.

  • The meeting follows news last week that GE is planning a $13 billion deal to buy Alstom's power turbines business, and comes after the intervention on Sunday of the French government and industry rival Siemens of Germany.

  • *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.

  • *EU legislature faces challenge to its legitimacy. PARIS, April 27- At each election since Europe's unique experiment in cross-border democracy began in 1979, the percentage of voters casting ballots for the directly elected European Parliament has fallen.