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Deals Rumor Mill: Alstom, Medtronic, BP

By Chelsea Naso (June 17, 2014, 1:56 PM EDT) -- The French government is said to be raising the stakes in the battle for engineering group Alstom SA, telling rival suitors General Electric Co. and Siemens AG to come up with better offers for the French firm's energy assets, sources told Reuters on Tuesday. The government gave itself the power to veto a deal, based on the premise that it does not want a large employer and innovator, like Alstom, to be sold to a foreign firm without the country having a say. GE, in an effort to improve its bid, its considering selling its train signaling business to Alstom, the Wall Street Journal reported Tuesday evening. ...

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