Alstom Offers Not Good Enough for France - Presented by: The Aol. On Network

An international charm offensive. The bosses of Germany's Siemens and Japan's Mitsubishi Heavy Industries took their joint bid for French firm Alstom's energy assets to the French President. Under the deal, Siemens has offered to buy Alstom's gas turbines business for 3.9 billion euros in cash. In a separate joint venture, MHI would buy stakes in Alstom power assets including hydroelectric power equipment and grid.



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