The Fairfield, Conn.-based industrial conglomerate won regulators' approval after eight months of negotiations, during which it agreed to sell off parts of Alstom's heavy-duty gas turbines business to Italy's Ansaldo Energia. General Electric also will sell off Alstom's service contracts for 34 installed turbines as well as its U.S.-based Power Systems Manufacturing unit.
via http://news.investors.com/business/090815-769958-general-electric-alstom-wins-european-union-approval.htm?ref=HPLNews
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