BHEL and Bharat Forge to benefit from Alstom’s deal with GE
India: General Electric (GE)’s acquisition of Alstom is likely to benefit Indian BHEL and Bharat Forge, according to the analysts.
#Alstom acquisition
GE and Alstom CEOs visit Belfort to celebrate takeover
France, Levallois-Perret: The GE and Alstom CEOs have visited Belfort, a main turbine manufacturing centre of Alstom, to celebrate the $ 16.9 billion deal.
Toshiba gives up on acquiring Alstom energy business
Japan, Tokyo: Toshiba has abandoned the idea of trying to get a piece of Alstom from General Electric (GE), chosen by Alstom as a partner for its energy industry.
Alstom sticks with General Electric bid
France, Levallois-Perret: Alstom has apparently decided to choose General Electric (GE) bid over the others.
Siemens and Mitsubishi prepare to make offer for Alstom
France, Levallois-Perret: Siemens and Mitsubishi Heavy Industries are, according to the reports, preparing to make a joint offer that could pressure General Electric to improve its bid for Alstom power business.
Siemens and Mitsubishi to form alliance plan for Alstom assets
France, Levallois-Perret: Siemens and Mitsubishi Heavy Industries will attempt to beat the GE bid for Alstom with an offer that would focus on alliances with the French engineering group, according to sources.
Siemens faces decision making on Alstom
Germany, Munich: Next Sunday, Siemens will decide on the way forward regarding the acquisition of the energy division of Alstom.
GE’s offer likely to receive approval from the French government
France, Levallois-Perret: It is likely that GE’s offer for the Thermal Power, Renewable Power, and Grid businesses of Alstom will receive the approval from the French government.
Germany to consider Alstom stake using KfW for Siemens
Germany, Munich: The German government is considering using its state-owned development bank to buy a stake in Alstom if Siemens’ proposal succeeds, according to people familiar with the plans.
GE and Siemens defend rival plans, Siemens to submit formal offer by 16th June
France, Levallois-Perret: General Electric (GE) and Siemens defended rival proposals to buy Alstom’s power business on Tuesday.
GE extends deadline on Alstom bid to the 23rd June
France, Levallois-Perret: General Electric announced it will extend its $ 16.9 billion bid for the Alstom power business until the 23rd June at the request of the French government.
Siemens to make formal Alstom bid
France, Levallois-Perret: Siemens is preparing a formal asset-swap offer for Alstom’s power business this week.
GE bid process for Alstom going as expected
USA, Connecticut: General Electric (GE)’s process of the $ 16.9 billion bid for the Alstom’s power turbine and grid business is going as expected according to the president of GE’s power unit.
GE not in talks with Toshiba about Alstom grid unit USA
USA, Connecticut: General Electric (GE) France spokesman said that the company is not in talks with Toshiba Corp about the Alstom’s power grid unit.