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 energy business
Siemens and Mitsubishi also improve offer for Alstom
France, Levallois-Perret: Siemens and Mitsubishi Heavy Industries (MHI) raised their offer for Alstom’s energy businesses to compete with a revised bid by U.S. rival General Electric.