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Mitsubishi Heavy and Siemens plan $10B bid for Alstom energy assets · Endata

◂ Announcements

Feb 1, 2026ACQUISITIONFrance

Mitsubishi Heavy and Siemens plan $10B bid for Alstom energy assets

Mitsubishi Heavy Industries and Siemens are reportedly preparing a bid of nearly $10 billion for Alstom's gas and steam turbine business, potentially blocking a $17 billion offer from General Electric. Hitachi may also join the bid. The report is based on a Nikkei business daily article, with Mitsubishi stating no final decision has been made.

Value

$10.0B

Status

Rumored

Productsgas turbinessteam turbines

CompaniesSiemens acquirer Mitsubishi Heavy Industries acquirer Hitachi acquirer Alstom target Canopus AI target

Sectors#Power Generation Equipment

“Japan's Mitsubishi Heavy Industries and Germany's Siemens are set to bid nearly $10 billion for some of French 'national jewel' Alstom's energy assets”theedgemalaysia.com

2 sources
theedgemalaysia.comJapan-German group to bid $10 bn for Alstom assets: reportFeb 21, 2026
epic-photonics.comFebruary 2026 Mergers, Acquisitions and Investment Highlights - EPIC PhotonicsMar 4, 2026

Summarized from public sources; check the original articles before acting on it.

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