Siemens seen making formal Alstom bid as early as this week

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Germany’s Siemens is working on a formal asset-swap offer for Alstom’s power business that could come as early as this week and see France take a stake in a resulting rail-focused French group, sources close to the talks told Reuters.

Read more at: http://in.reuters.com/article/2014/05/18/alstom-siemens-idINL6N0O40W320140518

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