France, Levallois-Perret: Yesterday Siemens and Mitsubishi Heavy Industries (MHI) presented a joint offer to Alstom which included $ 9.5 billion in cash, challenging a bid by General Electric.
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.
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.