(Reuters) - General Electric Co
The companies may announce the deal as early as next week, the report cited the people as saying. (http://r.reuters.com/teg78v)
An Alstom spokeswoman denied the report saying "these are totally unfounded rumours".
A GE spokesman declined to comment.
Alstom has a market valuation of about $10.37 billion, according to Thomson Reuters data.
(Reporting by Aman Shah in Bangalore and Natalie Huet in Paris and Lewis Krauskopf in New York; Editing by Savio D'Souza)