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Siemens Bid for Alstom Energy Unit Not Serious: Sunday Telegraph 2014-06-08 10:10:30.773 GMT
By Lyubov Pronina June 8 (Bloomberg) -- German engineering co. not serious about bid for Alstom’s energy unit, The Sunday Telegraph reports today, citing unidentified sources. * Siemens conversations with French government designed to ensure if General Electric buys Alstom, it doesn’t gain too much of advantage * Alstom board has accepted GE’s EUR12.4b offer for its energy division * Siemens set itself a June 16 deadline to bid for its European industrial rival
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To contact the reporter on this story: Lyubov Pronina in London at +44-20-3525-8784 or lpronina@bloomberg.net To contact the editor responsible for this story: Daliah Merzaban at +44-20-3525-3630 or dmerzaban@bloomberg.net