Siemens CEO says open to France taking stake in Alstom

MUNICH, June 20 Fri Jun 20, 2014 3:54am EDT

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MUNICH, June 20 (Reuters) - Siemens and Mitsubishi Heavy Industries (MHI) are open to the French government taking a stake in Alstom if their joint bid for the French firm's power assets succeeds, Siemens's chief executive said.

But CEO Joe Kaeser told journalists during a conference call on Friday that such an option had so far not been discussed.

Siemens and MHI are embroiled in a bidding war for the Alstom assets with General Electric, and both parties have revised their offers to win approval of Alstom and the French government ahead of a June 23 deadline.

Kaeser is due to meet French President Francois Hollande on Friday afternoon to discuss the amended Siemens-MHI offer. (Reporting by Joern Poltz; Writing by Maria Sheahan; Editing by Ludwig Burger)

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