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Siemens and Mitsubishi bid for parts of Alstom · Endata

◂ Announcements

Feb 5, 2019ACQUISITIONFrance

Siemens and Mitsubishi bid for parts of Alstom

Siemens and Mitsubishi Heavy Industries jointly bid to acquire Alstom's gas turbine business for EUR 3.9 billion and a 10% stake in Alstom for EUR 3.1 billion, respectively.

Value

$5.30B (3.90B EUR)

Status

Announced

Productsgas turbines

CompaniesSiemens acquirer Siemens target Mitsubishi Heavy Industries acquirer Alstom target

Sectors#Power Generation Equipment

“Siemens dnes oznámil, že ponúka 3,9 miliardy eur za kompletné aktivity Alstomu v oblasti plynových turbín.”aktuality.sk

2 sources
aktuality.skSiemens a Mitsubishi chcú získať časť Alstomu | Aktuality.skTomáš KyseľFeb 5, 2019
power-eng.comMitsubishi Heavy reportedly in talks with Siemens on purchase of gas turbine businessClarion Energy Content DirectorsMar 22, 2019

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

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