Reuters logo
Siemens CEO says open to France taking stake in Alstom
June 20, 2014 / 7:56 AM / 3 years ago

Siemens CEO says open to France taking stake in Alstom

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)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below