France Pushes For Concessions As Alstom Bidding Enters Crucial Week
France is continuing to press for guarantees from contenders to buy energy assets from Alstom, as Siemens and Mitsubishi consider a joint move to challenge a formal offer from General Electric. The race to acquire power activities from Alstom, better known for its high-speed TGV trains, is entering a crucial week, with Siemens due to present an offer by Monday ahead of a June 23 cut-off date set by GE for its 12.4 billion euros bid for all of Alstom’s energy assets.
“France Pushes For Concessions As Alstom Bidding Enters Crucial Week” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.