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

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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.