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Alstom bid: Mitsubishi, Hitachi eye clout

Siemens set to present an offer for French firm ahead of June 23 cut-off date set by GE for its bid
Tuesday, June 17, 2014 - 06:00

[TOKYO] Mitsubishi Heavy Industries' involvement in Siemens' bid for the power assets of France's Alstom fits in with the Japanese company's plans to build a global presence after a recent major reorganisation of its business.Mitsubishi Heavy president Shunichi Miyanagi said last month that the