Listen to RFI News
Expand Player
Listen Download Podcast
  • Paris Live PM 1300 - 1400 GMT
    News bulletin 08/23 13h00 GMT
  • Paris Live PM 1300 - 1400 GMT
    News bulletin 08/22 13h00 GMT
  • Paris Live PM 1300 - 1400 GMT
    News bulletin 08/21 13h00 GMT
  • 13h00 - 14h00 GMT
    News bulletin 04/05 13h00 GMT
  • 13h00 - 14h00 GMT
    News bulletin 04/04 13h00 GMT
  • 13h00 - 14h00 GMT
    News bulletin 04/03 13h00 GMT
To take full advantage of multimedia content, you must have the Flash plugin installed in your browser. To connect, you need to enable cookies in your browser settings. For an optimal navigation, the RFI site is compatible with the following browsers: Internet Explorer 8 and above, Firefox 10 and +, Safari 3+, Chrome 17 and + etc.

The Paris prosecutor's office has opened an inquiry into rape and child assault charges against deceased US billionaire Jeffrey Epstein.


France okays General Electic take-over of Alstom energy assets

media French Economy Minister Emmanuel Macron. Reuters/Philippe Wojazer

France has authorised the sale of most of Alstom’s energy assets to the US’s General Electric (GE) in a 13-billion-euro deal. Alstom’s shares fell 1.45 per cent when the news was announced on Wednesday morning.

Economy Minister Emmanuel Macron cleared GE’s buy-up of the majority of Alstom’s energy assets and “the creation of an industrial alliance between the two groups in the energy sector”, a ministry statement said.

A shareholders’ meeting on the deal will be held on 19 December, Alstom said.

Dossier: Eurozone in crisis

A May decree, sparked by then-economy minister Arnaud Montebourg’s concern over the GE bid, gave the government veto rights over foreign bids for “strategic” French companies, especially in the energy and transport sectors.

The economy ministry declared that the state’s interests in France’s nuclear programme and energy security have been “fully taken into account” in the deal.

In June GE won its battle to buy Alstom’s energy interests, which represent about 70 per cent of the French company’s revenue, for 16.9 billion dollars (12.35 billion euros at the time).

Alstom is to concentrate on its rail business and will buy a railway signalling unit fro GE.

The two groups will start joing ventures in renewable energy, electricity grids and steam turbines.

Alstom’s half-year fiscal results, released on Wednesday, showed a 32-per-cent drop to 255 million euros.

Sorry but the period of time connection to the operation is exceeded.