Bush worried EU may block GE-Honeywell deal

US President Mr George W Bush expressed concern during his visit to Poland today at prospects that the European Commission might…

US President Mr George W Bush expressed concern during his visit to Poland today at prospects that the European Commission might obstruct a 45-billion-dollar (euro 52-billion) takeover by General Electric of Honeywell.

GE had said yesterday, shortly before a midnight deadline, that it had made some concessions to meet objections by the EU but believed that these fell far short of changes which Brussels wanted.

AFP