Alstom minority investors criticise GE deal

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Alstom minority investors criticise GE deal

<p><a href="http://news.yahoo.com/alstom-seek-shareholder-approval-ge-deal-q4-125209712--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/ENN25cXR6HUYM0A7xob_bA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-07-01T125209Z_1_LYNXMPEA601NZ_RTROPTP_2_CBUSINESS-US-DEALS-M-A.JPG" width="130" height="86" alt="The logos of French power and transport engineering company Alstom and US conglomerate General Electric are pictured on their site in Belfort" align="left" title="The logos of French power and transport engineering company Alstom and US conglomerate General Electric are pictured on their site in Belfort" border="0" /></a>By Natalie Huet and Benjamin Mallet PARIS (Reuters) - Minority shareholders in Alstom criticised its planned tie-up with General Electric , saying they had not been given enough information, and some voiced concern about the French government's influence as a result of the deal. The French train and turbine maker last month agreed a $16.9 billion deal with GE that will see the U.S. conglomerate acquiring most of Alstom's energy business. The deal will have to win the two-thirds majority approval from Alstom shareholders during an extraordinary meeting in the fourth quarter, Alstom Chief Executive Patrick Kron told the firm's annual shareholder meeting in Paris on Tuesday. It is not clear at this stage whether the firm's biggest shareholder Bouygues , with a 29 percent stake, will take part in the vote or accede to calls from some minority investors to step aside because of its role in the deal.</p><br clear="all"/>

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