Alstom accepts 10 billion euro GE bid for its energy unit

[riky]

Alstom accepts 10 billion euro GE bid for its energy unit

<p><a href="http://news.yahoo.com/siemens-says-alstom-offer-see-books-172202840--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/n0Xf.XeCpNZudKzQFJy8BA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-29T185235Z_2_CBREA3S1BM500_RTROPTP_2_ALSTOM-OFFER-SIEMENS.JPG" width="130" height="86" alt="A combination of two file photographs shows the logos of Siemens AG company in Berlin and of French power and transport engineering company Alstom in Reichshoffen" align="left" title="A combination of two file photographs shows the logos of Siemens AG company in Berlin and of French power and transport engineering company Alstom in Reichshoffen" border="0" /></a>By Matthieu Protard and Maria Sheahan PARIS/FRANKFURT (Reuters) - The board of Alstom accepted General Electric's 10 billion euro ($13.82 billion) bid for its energy unit on Tuesday, several sources familiar with the situation told Reuters. Sources said GE is not in exclusive talks with Alstom. The French transport-to-turbines group is also set to receive an offer from its much larger German competitor Siemens AG , which said it had sent a letter to Alstom after its managing and supervisory boards had decided to make an offer. Alstom is expected to make a statement about the two offers early on Wednesday, before its shares, suspended since late last week, resume trading.</p><br clear="all"/>

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