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Siemens Launches Group Bid for Alstom’s Energy Unit

Bloomberg
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June 16, 2014 AT 11:35 AM
June 16 (Bloomberg) -- Bloomberg’s Julie Hyman reports that Siemens is leading a joint bid with Mitsubishi Heavy Industries and Hitachi Ltd. to carve up Alstom’s energy units in a challenge to General Electric’s $17 billion offer for the company. She speaks on Bloomberg Television’s “Market Makers.”