PARIS, June 17 The French government is willing
to take a stake of 10 percent or more in Alstom
alongside Mitsubishi Heavy Industries (MHI) as part of
the Japanese firm's joint offer with Siemens, an
Alstom union representative told Reuters on Tuesday.
MHI Chief Executive Shunichi Miyanaga told French lawmakers
earlier that he "strongly" wished that the French state would
take an equal 10 percent holding to the one MHI offered to buy
from Alstom's top shareholder Bouygues to demonstrate
that the engineering group would remain French.
The union representative, who was attending a briefing with
French Economy Minister Arnaud Montebourg on Tuesday, said the
government was looking to buy the stake in Alstom via state bank
A spokesman for Bouygues said earlier it had been contacted
by MHI about a purchase of its stake, but had not yet been
approached by the French government or the BPI.
(Reporting by Natalie Huet; Editing by James Regan)