Siemens to make an offer to Alstom
Decision taken after a meeting with French President and other high-ranking French political leaders
May 05, 2014. By Moulin
After Siemens delegation had the opportunity to meet with the French president and other high-ranking French political leaders, the Managing Board and the Supervisory Board of Siemens decided to make an offer to Alstom. The prerequisite for this offer is, that Alstom agrees to give Siemens access to the company's data room and permission to interview the Management during a period of four weeks, to enable Siemens to carry out a suitable due diligence. A letter in this regard was submitted this afternoon to the French company.
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