Hitachi, Mitsubishi Heavy and Siemens consider joint bid for Alstom energy business

Hitachi Ltd. plans to partner with Mitsubishi Heavy Industries and Siemens in a bid to acquire Alstom's energy business, rivaling a $17 billion bid from GE. Hitachi and Mitsubishi Heavy are considering offering $5 billion for Alstom's steam turbine assets, while Siemens may match that for Alstom's gas turbine division.

“Hitachi Ltd. plans to partner with Mitsubishi Heavy Industries and Siemens in a bid to acquire French multinational company Alstom's energy business.”energydigital.com

• 2 sources
• energydigital.comHitachi, Mitsubishi and Siemens Consider Joint Alstom Bid | Energy DigitalMay 17, 2020
• lok-report.deLOK Report – Europäische Union: Kommission genehmigt Übernahme der Stromnetzsparte von ABB durch HitachiSuper UserMay 29, 2020

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