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Alstom suspends trading ahead of possible bidding war

2014-04-28 23:58:46| Industrial Machines - Topix.net

French engineering group Alstom said on Sunday that it has suspended trading in its shares as expectations grew for a possible bidding war between industrial giants General Electric and Siemens.

Tags: war trading ahead bidding

 

Hollande meets GE boss over Alstom

2014-04-28 13:31:05| BBC News | Business | UK Edition

French President Francois Hollande meets General Electric (GE) boss Jeff Immelt over GE's potential takeover bid for French train maker Alstom.

Tags: meets boss alstom

 
 

Siemens Said to Offer Alstom Asset Swap to Beat GE Proposal

2014-04-27 19:51:27| Industrial Machines - Topix.net

Siemens AG offered French rival Alstom SA a deal to swap train and energy assets to beat a rival proposal from General Electric Co., according to people familiar with the matter.

Tags: offer beat siemens proposal

 

Siemens joins battle for Alstom

2014-04-27 10:55:39| BBC News | Business | UK Edition

Siemens wants to discuss "strategic opportunities" with France's Alstom, raising the prospect of a takeover battle for the maker of France's TGV trains.

Tags: battle siemens joins alstom

 

Alstom consortium wins ERTMS supply contract from Spains ADIF

2014-04-25 01:00:00| Railway Technology

A consortium led by Alstom has secured a 410m contract from Spanish railway infrastructure manager ADIF to supply the European railways traffic management system (ERTMS) level 2 signalling system, Atlas 200, for a high-speed line in the country.

Tags: supply contract wins consortium

 

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