PARIS, June 19 Alstom CEO Patrick Kron
told an investor conference that Germany's Siemens
could "dream" of swapping assets with the French engineering
group, Exane BNP Paribas wrote in a note on Thursday.
"They want our gas activities... and we should take their
Transport business...well they are allowed to dream. At the end
of the day, despite some impressions to the contrary, it will be
the shareholders who decide," Kron reportedly told the broker's
European Seminar on Wednesday.
An Alstom spokeswoman declined to comment.
Alstom's board is due to decide by Monday between a
12.4-billion-euro ($16.8 billion) cash offer for its power arm
from U.S. group General Electric and a competing proposal
from Siemens and Japan's Mitsubishi Heavy Industries (MHI)
Kron said the board will review the offers based on their
economics, feasibility, execution risks and stakeholders' views,
the note added.
(Reporting by Gwenaelle Barzic and Natalie Huet; editing by