Siemens, Mitsubishi unveil joint bid for Alstom energy assets | Bangkok Post: news

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Siemens, Mitsubishi unveil joint bid for Alstom energy assets

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Siemens and Mitsubishi Heavy Industries unveiled Monday the terms of their joint bid for the energy assets of French industrial jewel Alstom, also coveted by US industry giant General Electric. 

Siemens said in a statement that it "intends to acquire 100 percent of Alstom's gas business, including related service contracts, for 3.9 billion euros ($5.3 billion) in cash"

Siemens said in a statement that it "intends to acquire 100 percent of Alstom's gas business, including related service contracts, for 3.9 billion euros ($5.3 billion) in cash".

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