La Folie du Dirigisme – GE and Alstom

France’s Socialist government has sealed a deal with American giant General Electric (GE) over the purchase of French company Alstom’s energy division. Part of the agreement hinges on France taking a 20% stake in the company valued currently at 1.7 billion euros. The fate of the two-month drama involving GE’s acquisition of Alstom’s energy division is now […]