GE Snatches $15 Billion Iraq Contract from Siemens -FT
October 17 2018 - 4:45AM
Dow Jones News
--The Iraqi government will give a $15 billion power-generation
contract to General Electric, rather than to rival bidder Siemens
AG, the FT reports, citing unnamed sources.
--Media reports suggested that Siemens was close to securing the
contract in recent weeks, but the Trump administration put pressure
on Baghdad to award the contract to a U.S. company, the FT
says.
Full story: https://on.ft.com/2yjC0Qs
Write to Barcelona editors at barcelonaeditors@dowjones.com
(END) Dow Jones Newswires
October 17, 2018 04:30 ET (08:30 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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