Saturday, November 22, 2014   

Siemens, Mitsubishi confirm joint bid for Alstom assets
(06-11 19:56)

German engineering giant Siemens is working on a joint bid with Mitsubishi Heavy Industries for the energy assets of French group Alstom, the companies said.
''Mitsubishi Heavy Industries and Siemens announced that they have joined forces in evaluating a potential proposal for certain assets of the French multinational conglomerate, Alstom in order to strengthen the future position of Alstom, MHI and Siemens,'' they said in a statement.
They added that they would decide on the submission of a proposal to Alstom's board of directors by June 16.--AFP
   
Other Business breaking news:
PBOC to inject liquidity if necessary (11-21 19:03)
China cuts interest rates (11-21 18:41)
Indexes track Connect (11-21 17:35)
ECB chief says will ramp up asset purchases 'without delay' (11-21 17:09)
European stocks rise at open (11-21 16:23)
Hang Seng ends higher (11-21 16:22)
Nikkei closes higher (11-21 15:03)
Nikkei down by break (11-21 11:03)
Taiwan export orders hit record high on iPhone 6 demand (11-20 19:08)
Japan exports up 9.6 percent in October (11-20 18:41)

More breaking news >>

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