June 19, 2014 / 5:20 PM / 4 years ago

Siemens France considers its Alstom bid "superior" to GE

PARIS, June 19 (Reuters) - Siemens France’s head said he still considers its joint proposal with Japan’s Mitsubishi Heavy Industries (MHI) for French engineering group Alstom superior to a revamped offer revealed on Thursday by rival General Electric.

“The counter offer of GE reinforces the credibility of the joint MHI-Siemens concept. It actually follows our approach - but doesn’t change the game. Our concept is still superior,” Siemens France Chief Executive Christophe de Maistre said in a statement. (Reporting by James Regan; editing by Michel Rose)

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