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Alstom, GE rail-signaling deal gets green light in Brazil

( March 13, 2015, 09:50 GMT | Official Statement) -- MLex Summary: Alstom has obtained clearance in Brazil to buy General Electric’s rail-signaling business. The transaction was announced in June 2014. The deal is linked to GE’s plans to buy Alstom’s energy business, including its thermal power, renewable power and grid businesses, for 12.35 billion euros.Read the OJ statement below:...

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