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Siemens Said Preparing Alstom Energy Bid to Gain Turbines

2014-06-16 06:53:48| Telecom - Topix.net

Siemens AG is preparing a bid for Alstom SA's energy unit that would leave it with the French company's gas turbines while allowing partners Mitsubishi Heavy Industries Ltd. and Hitachi Ltd. to expand their steam turbines and hydro businesses, people familiar with the matter said.

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