Siemens Boss In Paris To Sell Deal For Alstom
Top executives from Siemens and Mitsubishi Heavy Industries are meeting with French President Francois Hollande to discuss their offer to buy parts French engineering company Alstom SA. Joe Kaeser, CEO of Alstom’s German rival Siemens AG, and Shunichi Miyanaga, CEO of Mitsubishi, were at the Elysee palace in Paris hours after they unveiled their offer to buy parts of Alstom. Siemens would pay 3.9 billion euros for the gas turbine business.
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