Finance Feeds logo

France expects better offers for Alstom

Noam Stiekema

The French Government announced today that it expects a better offers for Alstom from the US conglomerate General Electric and Siemens Energy division. The deadline for receipt of tenders is 23rd June 2014. Shortly before noon the heads of Siemens and Mitsubishi Heavy Industries (MHI) were adopted by President Francois Hollande at their request. Both […]

Alstom

AlstomThe French Government announced today that it expects a better offers for Alstom from the US conglomerate General Electric and Siemens Energy division. The deadline for receipt of tenders is 23rd June 2014. Shortly before noon the heads of Siemens and Mitsubishi Heavy Industries (MHI) were adopted by President Francois Hollande at their request. Both companies rated today 14.2 billion EUR total energy unit of Alstom, which the German automaker and Japan’s headed for offer. General Electric offered to energy unit of Alstom a price of 12.4 billion EUR.

The CEO of Mitsubishi Shunichi Miyanaga noted that there has been one “particularly interesting proposal”. Siemens offers to buy for 3.9 billion euros in cash production of gas turbines Alstom, MHI will acquire a majority stake in the various activities of the French company in the energy sector.

The company plans to make three joint ventures for steam turbines for the “smart grid” for hydraulic turbines and will buy 10% of the 29% share of Alstom, which is held by the shareholder Bouygues.

Mitsubishi has promised the creation of 1,000 jobs in France and Siemens safeguard employment in the sector of gas turbines in France and Germany over a period of three years, unless it intends to provide over 1,000 places for trainees in the French production.

Subscribe

Read this next

Digital Assets

Abra launches prime solutions for digital assets

As an SEC-registered RIA, ACM will now operate as a fiduciary and allow clients to get exposure to the digital asset ecosystem under a separate account structure built on-chain, where clients retain title and ownership over their assets and their assets will be independently verifiable on-chain.

Bitcoin keyboard
Retail FX

Unusual Whales taps Tastytrade as exclusive options broker

“We’re huge fans of Unusual Whales and the transparency they bring to the markets, enabling traders to make informed decisions.”

Industry News

GenAI can help transform OTC derivatives markets, said ISDA whitepaper

The risks of GenAI, however, include data breaches, regulatory issues, bias, as well as sub-standard or simply false results.

Institutional FX

B2Broker ups leverage on major Forex pairs, BTC and ETH

“This strategic update not only enhances our clients’ competitive edge but also augments their capacity to cater to the evolving demands of their clientele, attract new business, and elevate their service standards by leveraging our liquidity solutions.”

Industry News

Avraham Eisenberg convicted of $110 million DEX manipulation

Avraham Eisenberg, 28, has been convicted of commodities fraud, commodities market manipulation, and wire fraud in connection with the manipulation of the Mango Markets decentralized cryptocurrency exchange.

Avraham Eisenberg was found guilty of manipulating the price of MNGO on Mango Markets
blockdag

BlockDAG Attracts $18.1M In Presale, Drawing Investors From Dogecoin And UNUS SED LEO for Potential 30,000x ROI

As the markets for Dogecoin and UNUS SED LEO exhibit volatility, a significant number of investors are redirecting their focus towards BlockDAG during its Batch 9 presale, which has remarkably gathered $18.1 million.

BlockDAG Takes over the moon centered
Digital Assets

Coinbase launches perpetual futures trading for Dogwifhat memecoin

Coinbase International Exchange (CIE) will introduce perpetual futures trading for Solana-based memecoin dogwifhat ($WIF), starting April 25. These open-ended futures contracts can be traded using the USDC stablecoin.

Dogwifhat
Digital Assets

Kraken acquires TradeStation’s cryptocurrency business

Kraken, the second-largest U.S.-based cryptocurrency exchange, has acquired the cryptocurrency arm of online brokerage TradeStation.

Retail FX

The Funded Trader is back? Traders report account closures

Prop trading firm The Funded Trader has updated its website with a few banners, nearly three weeks after it ceased all operations, with claims for a relaunch in the near future. However, there was no official statement on the relaunch on its website, Discord channel, or social media accounts yet.

The Funded Trader is back
<
✖