Breakingviews: Siemens is losing focus with Alstom chase
Wednesday, May 07, 2014 - 02:20
May 7 - The German giant’s long-awaited strategy is focused on improving efficiency and cutting slack. A possible Alstom deal comes at a bad time. Siemens management has enough to deal with in-house.
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Casey is a distraction for Siemens and that's according to breaking views and -- -- joins me now. The distraction is this to -- vision 20/20. But it's potentially -- put a big distraction because -- stone constitutes about a fifth of overall of all I think and the -- Conform to do -- for Bart officials seem to go boy revenues. And more than half a -- -- and energy revenues. Say if they acquired it they really had a tough job integrating. And juvenile death do you think that it's lightly Al stumbled and pulled the hands of GE. But it all and to bend at the moment and so it -- really depends on how much of Siemens is willing to pay it also depends on the French politic cook political. A point of view. That the moment -- -- preference for not sending to be Americans. So it's not all in seems hand for of course they can control how much they were. Off before. The other interesting thing is well -- left is the difference in personalities and mean. And coyotes. Is more about boosting fried in the company and share ownership where is he former CA in motion was about aggressive grace. -- given Kaiser is in the driving seat to commandments do you think they will make it. Yes I think there will make a bit and in no way and if you're issued a sheriff's tracked from the big achievement all of us -- -- It could put makes perfect defend that they make a bit because if they have a bit their eyes from the one of their most important derive roots in energy. If if there's definitely comes up for failure they definitely have to look at it and they can or should try to order to make sense of trying to trying to keep GE. Often they are backyards in Europe on the other hand did they have a very lot of problems and a lot of issues to have to Thorvald in -- in the and on both things. My knock over a long at all. I thank you very much up -- back that from breaking these explaining why the Al storm chase media distraction for his demons. I Nanjing along this is choices.
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