GEC hopes dashed

GEC Alsthom’s hopes of merging with the French nuclear engineering group Framatome are reported to have collapsed along with the creation of a more powerful Anglo-French power engineering consortium rivalling giants like ABB and General Electric.

GEC Alsthom’s hopes of merging with the French nuclear engineering group Framatome are reported to have collapsed along with the creation of a more powerful Anglo-French power engineering consortium rivalling giants like ABB and General Electric.