Alstom near $700m US settlement in bribery case

GMT 16:42 2014 Tuesday ,16 December

Arab Today, arab today Alstom near $700m US settlement in bribery case

New York - AFP

 French industrial giant Alstom has agreed to pay $700 million to settle US corruption charges related to sales in Indonesia and other countries, a person familiar with the matter told AFP Tuesday.
The settlement, to be announced next week, comes as US conglomerate General Electric prepares to complete a deal to buy key Alstom assets.


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