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Siemens’s New Alstom Bid Disrupts GE Deal

April 29, 2014 by  
Filed under Lingerie Events

PARIS—Siemens AG of Germany barged in on Alstom SA’s plans to sell its energy assets to General Electric Co. Sunday, proposing a counteroffer that would forge a global behemoth while keeping a symbol of French industry firmly rooted in Europe.

Helping Siemens crash the party was France’s sharp-elbowed economy minister, Arnaud Montebourg, who cleared a path for the German firm by reminding Alstom Chairman and Chief Executive Patrick…

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