General Electric

South Africa's Transnet said Monday, March 2, 2015 it has concluded financing to acquire 1,064 locomotives, estimated to cost $4.3 billion, for its Transnet Freight Rail subsidiary, which were ordered…
According to analyst Eshna Basu of The Motley Fool, “the General Electric-Alstom deal could create the world’s largest rail equipment maker.” Basu’s analysis follows GE’s multi-billion-dollar purchase of Alstom’s power…
General Electric, having given up on its efforts to acquire Ansaldo STS from Italian conglomerate Finmeccanica, is reportedly in negotiations with Alstom over a $13 billion takeover of the French…