Sunday, April 27, 2014

Siemens weighs in as GE prepares Alstom power deal

ECO 110 wind turbines manufactured by Alstom are seen in the Landes de Couesme wind farm near La Gacilly By Elizabeth Pineau and Maria Sheahan PARIS/FRANKFURT (Reuters) - Alstom's arch rival Siemens wants talks with the struggling French engineering group, the German company said on Sunday, the day General Electric boss Jeff Immelt is due in Paris to thrash out a deal to buy Alstom's global power arm. Siemens said in a statement that it had written a letter to "signal its willingness to discuss future strategic opportunities" with the French group. France's government has said it wants to find alternatives to the GE offer, which sources say puts a value of $13 billion on the turbines and power grid equipment business and could be announced in days. Economy Minister Arnaud Montebourg said last week that he plans a meeting with Immelt.








via Health News Headlines - Yahoo News http://ift.tt/1lVFZbL

No comments:

Post a Comment