Economy Minister Arnaud Montebourg, gestures as he speaks during a panel of the Open Internet Project in Paris, Thursday, May 15, 2014. (AP Photo/Michel Euler)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
France is not for sale, Economy Minister Arnaud Montebourg declared Friday, brushing off criticism from the EU that his stance on foreign company takeovers bordered on protectionism.The government has criticized GE's bid, which has the backing of the French engineer's board, favoring an alliance between the companies rather than a straight sale that would leave Alstom with just its smaller transport business.Montebourg said he would meet GE executives Friday and Alstom union representatives next week to discuss the future of the company, which was bailed out by the French government a decade ago and has strongly relied on state orders for its trains and power turbines.
FOLLOW THIS ARTICLE