France protects engineering giant Alstom

France clinched a deal to take a stake in Alstom, a move aimed at preserving the country's strategic interests in the face of a bidding war for the French firm
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A photo taken on June 23, 2014 in Belfort shows the logos of the French power and transport engineering company Alstom. France on June 22 clinched a deal to take a stake in Alstom, a move aimed at preserving the country's strategic interests in the face of a bidding war for the French engineering giant. (AFP/Getty Images)
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Mitsubishi C.E.O Europe Fyi Yashiyuki Hanasawa (2ndR), and Chairman of the board and C.E.O of the German group Siemens Joe Kaeser (C), arrive for a meeting with French President at the Elysee palace on June 20, 2014, in Paris. The battle for French group Alstom heated up today, as Siemens-Mitsubishi and General Electric sweetened their rival bids to win over the government and tie-up with the firm's main power-generation division. (AFP/Getty Images)
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A photo taken on June 23, 2014 in Belfort shows the logos of the French power and transport engineering company Alstom. France on June 22 clinched a deal to take a stake in Alstom, a move aimed at preserving the country's strategic interests in the face of a bidding war for the French engineering giant. (AFP/Getty Images)
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Employees of the French power and transport engineering company Alstom stand by a steam turbine parked in a workshop on June 23, 2014, in Belfort. France on June 22 clinched a deal to take a stake in Alstom, a move aimed at preserving the country's strategic interests in the face of a bidding war for the French engineering giant. (AFP/Getty Images)
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Chairman of the board and C.O of the American conglomerate General Electric Jeffrey R. Immelt, and General Electric C.O for Europe Clara Gaymard, leave after a meeting with French President at the Elysee palace on June 20, 2014, in Paris. The battle for French group Alstom heated up today, as Siemens-Mitsubishi and General Electric sweetened their rival bids to win over the government and tie-up with the firm's main power-generation division. (AFP/Getty Images)
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A photo taken on June 23, 2014 in Belfort shows the logos of the French power and transport engineering company Alstom. France on June 22 clinched a deal to take a stake in Alstom, a move aimed at preserving the country's strategic interests in the face of a bidding war for the French engineering giant. (AFP/Getty Images)
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French president Francois Hollande makes a statement after an informal European meeting at the 'Marigny Hotel' near the Elysee palace, on June 21, 2014, in Paris. (AFP/Getty Images)
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Alpha jets, part of the Patrouille Acrobatique de France, leave trails of smoke in the colors of the French national flag during an international D-Day commemoration ceremony on the beach of Ouistreham, Normandy, on June 6, 2014, marking the 70th anniversary of the World War II Allied landings in Normandy. (AFP/Getty Images)
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