Prominent businessman, and daughter, found dead in AirAsia crash?

G.E. ups investments in energy market, set to acquire controversial company

by Shepard Ambellas, Intellihub:

Mr. Choi Chi Man, Managing Director of Thermal Services, along with his 2-year-old daughter, who were among those aboard AirAsia flight QZ8501 which reportedly crashed into the Java Sea on Dec. 28 after encountering bad weather.

Thermal Services, a division of Alstom Energy, set to be, if not already, acquired by General Electric (G.E.) after shareholders of Alstom authorized the sale on Dec. 19 for $16.9 billion.

Despite recent controversy incurred by Alstom, G.E. would maintain the upper hand in the deal, snatching up a quick $3.4 billion in Alstom’s “cash” upon closing.

Read More @ Intellihub.com

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