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Tuesday, 17 June 2014

Siemens, Mitsubishi make case for deal to rival GE

Siemens CEO Joe Kaeser, left, Mitsubishi CEO Shunichi Miyanaga, center, Gerhard Cromme, Chairman of the Supervisory Board of Siemens, arrivefor a meeting with French President Francois Hollande at the Elysee Palace in Paris, Tuesday, June 17, 2014. Engineering giants Siemens of Germany and Mitsubishi Heavy Industries of Japan on Monday jointly offered to buy parts of France's Alstom and start a long-term partnership, a move that could derail a competing bid by General Electric. Man at right behind is unidentified. (AP Photo/Jacques Brinon) PARIS (AP) — The CEOs from Siemens and Mitsubishi Heavy Industries met with the French president on Tuesday to promote their joint offer to buy parts French engineering company Alstom and head off a rival bid from General Electric Co.








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