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UPDATE: Siemens Says Will Make An Offer To Alstom

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The Managing Board and the Supervisory Board of Siemens (NYSE: SI) decided on Tuesday to make an offer to Alstom. The prerequisite for this offer is, that Alstom agrees to give Siemens access to the company's data room and permission to interview the Management during a period of four weeks, to enable Siemens to carry out a suitable due diligence. A letter in this regard was submitted this afternoon to the French company. No further comments will be made at this time.

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