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

blockdag

Moon Keynote Teaser Propels a Sale of Over 4.5K Home Mining Rigs for BlockDAG As Cardano & Litecoin Record Price Movements

The recent launch of BlockDAG’s technical whitepaper has sparked significant market activity, culminating in the sale of more than 4.5 thousand home mining rigs.

BlockDAG takes over the moon
Executive Moves

Ex-Fed official joins Binance.US amid regulatory hurdles

Binance.US has appointed Martin Grant, a former chief compliance and ethics officer at the Federal Reserve Bank of New York, to its board of directors.

Binance.US logo
Fintech

PayPal ends protection for certain crypto transactions

PayPal has announced changes to its terms of service that alter the protections provided for non-fungible token (NFT) transactions. Effective May 20, the payment giant will no longer cover NFT purchases under its buyer protection policy, and it will limit seller protections for NFT sales exceeding $10,000.

PayPal
Retail FX

Plus500 sees modest growth in Q1 revenues, EBITDA margin decreases

Israeli-based, but London-stock market listed Plus500 Ltd (LON:PLUS) today reported a 4% increase in revenue for the first quarter of 2024, with figures rising from $207.9 million in Q1 2023 to $215.6 million.

Plus500 sees modest growth in Q1 revenues
Technical Analysis

FTSE 100 Technical Analysis Report 16 April, 2024

FTSE 100 index can be expected to fall further toward the next support level 7760.00, former strong resistance from last year, acting as the support after it was broken this January.

Digital Assets

Cyprus keeps FTX EU license suspended until September

The Cyprus Securities and Exchange Commission (CySEC) has extended the suspension of FTX.com’s CIF license, which allowed the insolvent platform to operate throughout Europe, until September 30, 2024.

Metaverse Gaming NFT

Mon Protocol and Pixelverse Forge a Groundbreaking Partnership to Revolutionize Blockchain Gaming

Mon Protocol and Pixelverse make history in the annals of Blockchain gaming as they set up the architecture for the melding of their technologies.

Pixel Verse Mon protocol
Chainwire

Nimiq Pay Launch: A New Standard For Self-Custodial Crypto Payments

Nimiq, the blockchain ecosystem for payments that is designed to make cryptocurrency easy for everyone to use, has taken the first concrete steps towards its goal of becoming the world’s most widely-accepted digital asset for payments with the launch of Nimiq Pay.

Inside View, Interviews

Exclusive: GoMining’s Mark Zalan wants to democratize opportunities of Bitcoin halving

As the Bitcoin community counts down to the upcoming Bitcoin halving, Mark Zalan, CEO of GoMining, shared exclusive insights into how the company is gearing up for this pivotal event in the cryptocurrency world.

Cracked bitcoin
<
✖