France agrees to buy 20% stake in Alstom

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Travel deals PARIS – (AP) — The final obstacle to GE’s $17 billion takeover of Alstom’s power division has been overcome after the French government agreed to terms with the French engineering company’s main shareholder. Economy minister Arnaud Montebourg said Sunday on French television that the government will buy a 20-percent stake in Alstom from construction giant…

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