GE in talks to buy Alstom for $13 Billion

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GE in talks to buy Alstom for $13 Billion
Posted by Clayton on Wed Apr 23 17:13:10 2014 edf40wrjww2msgDetail:detailStr fiogf49gjkf0d Discuss...just got a news alert.
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Olog-hai* on Wed Apr 23 17:17:00 2014, in response to GE in talks to buy Alstom for $13 Billion, posted by Clayton on Wed Apr 23 17:13:10 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d Bloomberg GE Said in Talks to Buy France’s Alstom for About $13 Billion By Aaron Kirchfeld, Matthew Campbell and Jeffrey McCracken Apr 23, 2014 5:01 PM ET General Electric Co., the U.S. maker of jet engines and oilfield equipment, is in talks to buy Alstom SA, the French builder of trains and power plants, people with knowledge of the matter said. GE and Alstom may announce an agreement as early as next week, said the people, who asked not to be identified because the talks are private. The U.S. company may pay more than $13 billion for Alstom, one of the people said. That would be about 25 percent above Alstom’s current market value. Representatives for GE and Alstom declined to comment on the deal.
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Jersey Mike* on Wed Apr 23 17:25:51 2014, in response to GE in talks to buy Alstom for $13 Billion, posted by Clayton on Wed Apr 23 17:13:10 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d Cool. That would turn Alstom's products from cheap European junk into cheap GE junk. Still, an improvement. It would also bring Gentral Railroad Signal under GE ownership. Actually that's damn good Thruway synergy seeing that GRS is HQ'd in Rochester.
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Jackson Park B Train* on Wed Apr 23 17:29:13 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Olog-hai on Wed Apr 23 17:17:00 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d GE, a financial enterprise with some former industrial divisions still operating, apparently will acquire a manufactruring firm. Will be interesting to see how much they keep and for how long. Say RCA.
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Randyo* on Wed Apr 23 17:52:30 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Jersey Mike on Wed Apr 23 17:25:51 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d From what I was told years ago, the NYCRR, Alco, GE, GRS and NY Air Brake were all under the same holding company so history may be repeating itself.
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Chris R16/R2730* on Wed Apr 23 19:18:13 2014, in response to GE in talks to buy Alstom for $13 Billion, posted by Clayton on Wed Apr 23 17:13:10 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d We're back in the railcar business, America!!!!!
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Re: GE in talks to buy Alstom for $13 Billion
Posted by SelkirkTMO* on Wed Apr 23 19:37:44 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Chris R16/R2730 on Wed Apr 23 19:18:13 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d Certainement! :)
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Joe V* on Wed Apr 23 20:14:40 2014, in response to GE in talks to buy Alstom for $13 Billion, posted by Clayton on Wed Apr 23 17:13:10 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d Could mean GE is back in the passenger loco business by acquisition. Perhaps the Amtrak Midwestern order had something to do with it GE getting interested (they are not getting that order). . Genesis in no longer offered. NJT PL42 could be made available.
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Olog-hai* on Wed Apr 23 20:14:56 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Chris R16/R2730 on Wed Apr 23 19:18:13 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d Time to bring on the FRA DMU for the River Line and AC Line then. (And oh yeah; commuter service to Mount Holly too.)
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Olog-hai* on Wed Apr 23 20:15:55 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Joe V on Wed Apr 23 20:14:40 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d NJT PL42AC has EMD prime movers. It'd have to be a Prima of a different name, and most likely sans a Vergara-designed outer shell.
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Dutchrailnut* on Wed Apr 23 20:21:50 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Olog-hai on Wed Apr 23 20:15:55 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d hmm like the MPI HSP-46a ????
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(1287184)	view threaded
Re: GE in talks to buy Alstom for $13 Billion
Posted by AEM-7AC #901* on Wed Apr 23 21:28:32 2014, in response to GE in talks to buy Alstom for $13 Billion, posted by Clayton on Wed Apr 23 17:13:10 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d Shudder. I'd rather the Germans buy Alstom than GE...
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Sand Box John* on Wed Apr 23 23:08:53 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Jersey Mike on Wed Apr 23 17:25:51 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d Cool. That would turn Alstom's products from cheap European junk into cheap GE junk. Still, an improvement. It would also bring Gentral Railroad Signal under GE ownership. Actually that's damn good Thruway synergy seeing that GRS is HQ'd in Rochester. I was thinking along the same line. John in the sand box of Maryland's eastern shore.
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Jackson Park B Train* on Thu Apr 24 00:06:30 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Sand Box John on Wed Apr 23 23:08:53 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d GE has a long track record of buying up trendy without improving the product. Mind you I still think their breaker panels are very well made and designed. Can you say copper busbar--none of that aluminum crap for the hot sides. Very few failures in37 years of installing them. OTOH the QC is slipping with wrong parts in the OEM carton. And then there are the prime movers in the diesels...I have seen them roll by with a large yellow flame in the stack smoking like an oilfired steamer at a runby. Anybody want an E60?
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Jackson Park B Train* on Thu Apr 24 00:09:59 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Jackson Park B Train on Thu Apr 24 00:06:30 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d And of course, buying up a successful rival is easier than designing a superior product from the ground up. \ For comedic relied: In the old printed editions of the circuit breaker/panel catalog, there was a disclaimer that nothing in the book was to be installed in any nuclear facility. Makes you wonder whose breakers they used in the nuclear power plants they sold...
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Olog-hai* on Thu Apr 24 00:22:40 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by AEM-7AC #901 on Wed Apr 23 21:28:32 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d Why? Germany will probably end up buying both anyway. Did you know that even the top-selling German carmaker is only third place, behind GM and Toyota? Methinks you're making too much of 'em.
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Re: GE in talks to buy Alstom for $13 Billion
Posted by SelkirkTMO* on Thu Apr 24 00:59:15 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Jackson Park B Train on Thu Apr 24 00:09:59 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d Federal Pacific of course! :)
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Jackson Park B Train* on Thu Apr 24 01:50:06 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by SelkirkTMO on Thu Apr 24 00:59:15 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d LMAO.
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Re: GE in talks to buy Alstom for $13 Billion
Posted by SelkirkTMO* on Thu Apr 24 02:30:36 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Jackson Park B Train on Thu Apr 24 01:50:06 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d Heh. Well ... EVERY reaction needs an ignition source to get started, who better? ;)
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Re: GE in talks to buy Alstom for $13 Billion
Posted by JAzumah* on Thu Apr 24 06:26:12 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Jackson Park B Train on Wed Apr 23 17:29:13 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d If they don't touch anything, the scale and technology will be very good for their bottom line.
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Re: GE in talks to buy Alstom for $13 Billion
Posted by WillD* on Thu Apr 24 23:31:46 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Olog-hai on Wed Apr 23 20:14:56 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d Or more realistically we'd end up with a prodigiously powerful domestic manufacturer who would be likely to lobby to directly import the UIC EMUs, DMUs, HSTs and other rail equipment from Alstom's transport offerings.
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GE wins bidding war to purchase Alstom
Posted by Sand Box John* on Fri Jun 20 23:14:51 2014, in response to GE in talks to buy Alstom for $13 Billion, posted by Clayton on Wed Apr 23 17:13:10 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d This one is not about GE broadening their rail product catalog. it's about broadening their catalog of electricity generating equipment. France backs GE's $17B bid for Alstom Kevin McCoy, USA TODAY 06 20 2014 5:07 PM EDT John in the sand box of Maryland's eastern shore.
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Re: GE in talks to buy Alstom for $13 Billion
Posted by RailBus63* on Fri Jun 20 23:50:23 2014, in response to Re: GE in talks to buy Alstom for $13 Billion, posted by Joe V on Wed Apr 23 20:14:40 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d MBTA's new locomotives feature GE prime movers.
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Re: GE wins bidding war to purchase Alstom
Posted by Dutchrailnut* on Sat Jun 21 07:55:51 2014, in response to GE wins bidding war to purchase Alstom, posted by Sand Box John on Fri Jun 20 23:14:51 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d in return I believe GE is selling its railway signaling division to Alstom.
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Re: GE in talks to buy Alstom for $13 Billion
Posted by Dutchrailnut* on Sat Jun 21 07:58:00 2014, in response to GE in talks to buy Alstom for $13 Billion, posted by Clayton on Wed Apr 23 17:13:10 2014.* edf40wrjww2msgDetail:detailStr fiogf49gjkf0d only Alstom power (high voltage) division in return GE will sell its railway signaling division to Alstom.
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