Immelt rebuffs notion that GE-Alstom deal a 's--- show'

Jeffrey Immelt
Andrew Harrer | Bloomberg | Getty Images

General Electric's chief executive expressed confidence that the firm's takeover of a French power company will go through despite resistance.

At GE's Electrical Products Group Conference in Longboat Key, Florida, CEO Jeff Immelt said "we've done this before" when asked by an analyst whether the company's bid to buy France's Alstom had become a "s--- show."

"We like this deal and we're confident in the deal," Immelt said. "There is a win here for GE, there is a win here for Alstom and there is a win here for France."