Ghost war: The sale of Alstom to General Electric

Ghost war: The sale of Alstom to General Electric

On April 24, 2014, the French government was unexpectedly informed of the sale of Alstom’s power division representing 75% of the group’s overall business.

After two months of relentless political battle, Minister of Economy Arnaud Montebourg managed to obtain a deal safeguarding French interests.

However, there remain a few twilight zones: arrests in the United States, cases of corruption and conflicts of interests have sealed a deal that seems rather unclear and raises the broader issue of French national energy and military independence.

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