Shares in French engineering company Alstom have risen by 17% following reports it is to be bought by American rival General Electric.
News agency Bloomberg reported both parties have discussed the potential deal with the French government, which would see the manufacturer of trains and power plants sold for $13bn (£7.7bn). The report also speculates that a deal may be confirmed by next week, with the French company saying it would updates its shareholders on May 7,…
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