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Deals Rumor Mill: GE, China Investment Corp., Bwin.Party

By Benjamin Horney (August 14, 2015, 5:14 PM EDT) -- General Electric Co. will likely receive approval from European regulators for its proposed $13.6 billion purchase of most of Alstom SA's energy business, Reuters reported Friday. According to the report, the European Commission is expected to give the green light after GE offered to shed some of its gas turbine assets to Italy's Ansaldo Energia SpA and agreed to pay €300 million ($331.6 million) less than what it had initially agreed to pay for the Alstom unit....

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