France's Alstom faces takeover bids

French president rejects $13.5bn bid for engineering giant, which is facing takeover attempts from two foreign firms.

    The French president has branded a $13.5bn bid from General Electric for Alstom, one of the country's largest engineering firms, as unacceptable and aims to find better offers.

    Alstom is facing takeover attempts from two foreign companies.

    Al Jazeera's Catherine Stancl reports from Belfort in eastern France.

     

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    How different voting systems work around the world

    How different voting systems work around the world

    Nearly two billion voters in 52 countries around the world will head to the polls this year to elect their leaders.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    The great plunder: Nepal's stolen treasures

    The great plunder: Nepal's stolen treasures

    How the art world's hunger for ancient artefacts is destroying a centuries-old culture. A journey across the Himalayas.