GE wins U.S. antitrust approval to buy Alstom unit


General Electric (GE.N) won U.S. antitrust approval to buy Alstom’s also.pa power unit with conditions, the Justice Department said on Tuesday.

To complete the 12.4-billion-euro ($13.9 billion) deal, GE will be required to sell an Alstom subsidiary which provides aftermarket parts and services, the department said.

The deal also won antitrust approval in Europe on Tuesday.

http://www.reuters.com/article/2015/09/08/us-alstom-m-a-generalelectric-idUSKCN0R81YC20150908

German carmakers win U.S. antitrust approval to buy Nokia maps


German carmakers BMW, Audi (VOWG_p.DE) and Mercedes have won U.S. antitrust approval to buy Nokia’s maps business for around 2.5 billion euros ($2.8 billion), the Federal Trade Commission said on Wednesday.

The deal, which was announced in early August, was on the FTC’s list of uncontroversial transactions which won approval from the FTC or the Justice Department. The two agencies share the work of antitrust enforcement.

Germany’s three premium carmakers will hold equal stakes in the business, known as HERE, and may allow automakers to offer new premium features, like autonomous driving, in luxury cars, shaking up the pecking order between car makers, their parts suppliers and software rivals like Uber and Google.

http://www.reuters.com/article/2015/09/02/us-nokia-here-automakers-antitrust-idUSKCN0R21SO20150902