GE Said to Plan More Alstom Lobbying as Siemens, Mitsubishi Talk
2014-06-11 17:21:43.262 GMT
By Libby Sallaberry McGowan
June 11 (Bloomberg) -- GE plans another round of lobbying
meetings w/ French officials on $17b offer for Alstom’s energy
assets as Siemens weighs bid w/ Mitsubishi Heavy, a person
familiar tells Bloomberg’s Richard Clough, Alex Webb and
Jacqueline Simmons.
* Steve Bolze, CEO of GE’s power and water unit, and lead
negotiator John Flannery are in France for discussions this
week and next
* GE’s strategy said to be unchanged after Siemens disclosed
talks w/ Mitsubishi today
* NOTE: French President Francois Hollande will meet tomorrow
w/ Prime Minister Manuel Valls, Industry Minister Arnaud
Montebourg and David Azema, head of the agency that manages
the government’s stakes in companies to discuss Alstom
* NOTE: Earlier, Siemens Said in Talks With Mitsubishi on
Joint Bid for Alstom
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To contact the reporter on this story:
Libby Sallaberry McGowan in New York at +1-212-617-8044 or
lsallaberry@bloomberg.net
To contact the editors responsible for this story:
Brad Skillman at +1-212-617-2763 or
bskillman1@bloomberg.net
Libby Sallaberry McGowan
2014-06-11 17:21:43.262 GMT
By Libby Sallaberry McGowan
June 11 (Bloomberg) -- GE plans another round of lobbying
meetings w/ French officials on $17b offer for Alstom’s energy
assets as Siemens weighs bid w/ Mitsubishi Heavy, a person
familiar tells Bloomberg’s Richard Clough, Alex Webb and
Jacqueline Simmons.
* Steve Bolze, CEO of GE’s power and water unit, and lead
negotiator John Flannery are in France for discussions this
week and next
* GE’s strategy said to be unchanged after Siemens disclosed
talks w/ Mitsubishi today
* NOTE: French President Francois Hollande will meet tomorrow
w/ Prime Minister Manuel Valls, Industry Minister Arnaud
Montebourg and David Azema, head of the agency that manages
the government’s stakes in companies to discuss Alstom
* NOTE: Earlier, Siemens Said in Talks With Mitsubishi on
Joint Bid for Alstom
Story:NSN N70LID6TTECE <GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Libby Sallaberry McGowan in New York at +1-212-617-8044 or
lsallaberry@bloomberg.net
To contact the editors responsible for this story:
Brad Skillman at +1-212-617-2763 or
bskillman1@bloomberg.net
Libby Sallaberry McGowan