GE to make improved Alstom offer - WRCBtv.com | Chattanooga News, Weather & Sports

GE to make improved Alstom offer

Posted: Updated:
PARIS (AP) - Top executives from Siemens and Mitsubishi Heavy Industries are meeting with French President Francois Hollande to discuss their offer to buy parts French engineering company Alstom SA.
    
Joe Kaeser, CEO of Alstom's German rival Siemens AG, and Shunichi Miyanaga, CEO of Mitsubishi, were at the Elysee palace in Paris hours after they unveiled their offer to buy parts of Alstom. Siemens would pay 3.9 billion euros for the gas turbine business. Japan's Mitsubishi would purchase a 10 percent stake in Alstom and inject 3.1 billion euros into the struggling company.
    
Alstom executives had in April already negotiated a competing $17 billion offer for its energy business from U.S. conglomerate General Electric Co., but the French government intervened to delay the deal's signing.
    
Hollande has called G.E.'s offer not good enough.

G.E. has said it plans to present an improved offer Thursday, according to Reuters.

  • NewsMore>>

  • Signs of government shutdown spotty but symbolic

    Signs of government shutdown spotty but symbolic

    Saturday, January 20 2018 9:59 PM EST2018-01-21 02:59:07 GMT
    Trump administration pledge to minimize the impact of a government shutdown faces an early test as a number of iconic American landmarks announced they would be closed.More
    Trump administration pledge to minimize the impact of a government shutdown faces an early test as a number of iconic American landmarks announced they would be closed.More
  • The Latest: Senate GOP plans a vote aimed at ending shutdown

    The Latest: Senate GOP plans a vote aimed at ending shutdown

    Saturday, January 20 2018 9:59 PM EST2018-01-21 02:59:00 GMT
    Republicans and Democrats appear to be no closer to ending a government shutdown, and the White House is indicating it's waiting for Democrats to drop their demand that a funding bill include protections for...More
    Republicans and Democrats appear to be no closer to ending a government shutdown, and the White House is indicating it's waiting for Democrats to drop their demand that a funding bill include protections for "Dreamers.".More
  • How to detect if it's too dry in your home

    How to detect if it's too dry in your home

    Saturday, January 20 2018 8:45 PM EST2018-01-21 01:45:16 GMT

    There are 5 1/2 weeks left of the Meteorological winter and 8 1/2 weeks until the spring equinox. As air in you're home may still be dry from the cold weather, here is a quick way to detect if it's too dry. Do you get shocked? This is a sure way there isn't enough moisture in the air. H2O is a conductor of neutrons, electrons, and photons. When H2O is removed, or there is less of it available, dry air insulated the neutrons, electrons, and photons and allows these to get highly cha...

    More

    There are 5 1/2 weeks left of the Meteorological winter and 8 1/2 weeks until the spring equinox. As air in you're home may still be dry from the cold weather, here is a quick way to detect if it's too dry. Do you get shocked? This is a sure way there isn't enough moisture in the air. H2O is a conductor of neutrons, electrons, and photons. When H2O is removed, or there is less of it available, dry air insulated the neutrons, electrons, and photons and allows these to get highly cha...

    More
Powered by Frankly