2021-09-22
http://w3.windfair.net/wind-energy/news/15719-mitsubishi-heavy-industries-joins-siemens-in-evaluating-a-potential-proposal-for-alstom

News Release from Siemens AG

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Mitsubishi Heavy Industries joins Siemens in evaluating a potential proposal for Alstom

Mitsubishi Heavy Industries (MHI) and Siemens AG today announced that they have joined forces in evaluating a potential proposal for certain assets of the French multinational conglomerate, Alstom in order to strengthen the future position of Alstom, MHI

MHI and Siemens will decide on the submission of a proposal to Alstom's Board of Directors by June 16.

Shunishi Miyanaga, President and CEO of Mitsubishi Heavy Industries: "MHI has been invited by Siemens to join forces and we firmly believe that we can substantially contribute to a partnership solution for Alstom which will create value for all parties involved, including the country of France".

Joe Kaeser, President and CEO of Siemens: "I appreciate MHI's commitment to join our efforts and I do look forward to working together with MHI to create a long-term oriented solution for Alstom, MHI and Siemens".

Source:
Siemens AG
Link:
www.siemens.de/...



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