GE set for cost cuts as EU decision on Alstom deal nears
September 04, 2015 at 11:33 AM EDT
Sept 4 (Reuters) - General Electric Co is expected to win regulatory approval next week for its purchase of the power equipment business of France's Alstom, allowing the U.S. industrial conglomerate to finally carry out a major cost-cutting program 16 months after first announcing the deal.