General Electric (GE.N) is expected to secure approval from European Union antitrust regulators for its proposed 12.4 billion euro ($13.8 billion) deal to buy French peer Alstom’s (ALSO.PA) power business, two people familiar with the matter said on Friday. The green light from the European Commission will come 14 years after it rejected General Electric’s (GE) attempt at a $42 billion takeover of Honeywell International (HON.N), despite clearance by U.S. authorities. The U.S.