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Saturday, May 10, 2014

Alstom takeover poses national security risk to France

FS Charles de GaulleA new report argues that the impending sale of French energy firm Alstom – which builds turbines for France’s Navy – threatens the country’s national security and independence.

US engineering giant General Electric and German rival Siemens are currently engaged in a bidding war for Alstom’s energy division.

No matter the outcome, France’s security will be jeopardised, says Eric Denécé, director of the French Center for Research and Intelligence.

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