Hollande to meet GE chief on Monday to discuss Alstom
His Economy Minister Arnaud Montebourg and Leader Francois Hollande may fulfill General Electric chief executive Jeff Immelt on Monday to talk about the future of French engineering group Alstom, a presidential official told Reuters.
The conference follows news last week that GE is planning for a $13 billion offer to buy Alstom’s power generators company, and uses the treatment on Sunday of the French government and business competitor Siemens of Germany.
French leader collects Alstom’s case to be discussed by ministers
French President Francois Hollande collected ministers on Sunday night to talk about the situation of struggling engineering company Alstom, with lively freedom in your mind, area of activities and jobs, his office said in a statement.
Germany’s Siemens and the French authorities intervened in U.S. giant General Electric’s want to buy Alstom’s power supply previously Sunday by providing an alternate tie-up between European “winners” along with a promise to do something in France’s national interest.
A spokesman for the president’s office said the ministers’ conference was now over which it planned to produce another record about them by Monday morning.