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Thursday, May 15, 2014

France Asserts It Has Authority to Block Mergers by DAVID JOLLY



By DAVID JOLLY


The new authority, promulgated as the government seeks to sway the outcome of a battle between General Electric and Siemens for Alstom, in effect requires that a foreign investor planning a significant push into strategic areas first obtain the economy minister’s approval.


Published: May 15, 2014 at 4:00AM


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