Alstom chief confident GE deal will get EU approval

The chief executive of French engineering group Alstom SA (ALSO.PA) is confident the planned sale of the group's power business to General Electric Co (GE.N) will win European Union approval, he was quoted saying in a newspaper interview. GE's planned 12.4 billion euros ($14 billion) purchase of Alstom's power equipment business has sparked regulatory worries that it would harm competition. Kron said Alstom's shareholders meeting on June 30 will be an occasion to defend and explain a project he was "proud of".

Alstom chief confident GE deal will get EU approval source: http://finance.yahoo.com/news/alstom-chief-confident-ge-deal-190341001.html