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Siemens readying Alstom offer, trims cash component - sources

2014-05-26 22:03:08| Telecom - Topix.net

Siemens is readying a formal offer for Alstom under which it would transfer its rail activities and less than 7 billion euros in cash to its French rival in exchange for its power assets, sources familiar with the German firm's thinking say.

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