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GE Alstom acquisition


GE Cutting 12,000 Jobs in Power Division

General Electric (GE) said December 7 it will cut 12,000 jobs in its power unit as the company continues to struggle with changes in the global power market. The company…


POWER Digest (December 2015)

GE Completes Alstom Acquisition. GE announced on Nov. 2 that a $10.6 billion deal to acquire Alstom’s power and grid business is complete. Alstom will now entirely refocus its activities…