Siemens Reportedly to Make Bid for Alstom's Power Business

Siemens

is said to be planning a formal asset-swap offer for Alstom's

power business as early as this week, according to sources reported by

. Sources say it is doubtful Alstom would be interested in the Siemen's offer, but a bid would give the French government leverage in its talks with General Electric

, which offered $16.9 billion for the power unit. View full article http://www.reuters.com/article/2014/05/18/us-alstom-siemens-exclusive-idUSBREA4H06Y20140518