Mitsubishi Heavy Industries, Siemens target Alstom
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".
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"We identified a smaller cohort of critical operations room staff that need to go in…
