Germany's Siemens 'to rival GE bid' for French enginering firm Alstom


Siemens is reportedly mulling an offer for the troubled French firm, just as General Electric's CEO travels to Paris for talks on its own bid.

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German industrial giant Siemens is planning a rival offer for French engineering group Alstom, which is being pursued by General Electric, a source close to the deal said Saturday, reports The Bangkok Post.