General Electric woos French government with improved Alstom bid

GE's bid for Alstom's energy arm, rivalling that of Siemens and Mitsubishi, now includes offer to leave some assets with the French firm.

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General Electric announced on Thursday a revised $13.5 billion bid for the energy business of the French conglomerate Alstom aimed at easing concerns of the Socialist governmentof President François Hollande, reports The New York Times.