General Electric (GE) Still in 'Constructive Discussions' with Alstom

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Siemens (SIEGY), Mitsubishi Heavy Industries Affirm Evaluating Joint Bid for Alstom

June 11, 2014 7:49 AM EDT

Mitsubishi Heavy Industries (MHI) and Siemens (OTCBB: SIEGY) announced that they have joined forces in evaluating a potential proposal for certain assets of the French multinational conglomerate, Alstom in order to strengthen the future position of Alstom, MHI and... More

Siemens (SIEGY) Said in Talks with Mitsubishi for Joint Alstom Bid (GE)

June 11, 2014 6:34 AM EDT

(Updated - June 11, 2014 6:51 AM EDT)

Siemens AG (OTCBB: SIEGY) said in talks with Mitsubishi for joint Alstom bid, according to Bloomberg headlines.

UPDATE - Bloomberg notes that one option being explored is for Mitsubishi to acquire Alstom's steam and grid... More