Bloomberg: Germany considering Alstom stake via KfW for Siemens

The German government is considering buying a stake in Alstom (ALSMY) via its state-owned KfW development bank if Siemens’ (SIEGY) proposal to create two European champions in rail and energy succeeds, Bloomberg reports.

The plan would be contingent on the French government buying an equal stake in Alstom from Bouygues (BOUYF); the German government’s strategy is that the unit would be akin to Airbus, in which the French and German states hold similar-sized stakes.

Siemens is competing with GE's $17B bid to acquire Alstom's energy assets.

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Comments (19)
  • iclarius
    , contributor
    Comments (17) | Send Message
    GE should get let their offer expire and collect the fee they'll get for Alstom not going ahead with the GE deal.
    3 Jun 2014, 12:28 PM Reply Like
  • wizwor
    , contributor
    Comments (165) | Send Message
    I agree. Germany + France -- that always works out anyway, right?
    3 Jun 2014, 12:43 PM Reply Like
  • ruthron
    , contributor
    Comments (9) | Send Message
    GE needs to get back to their other pressing businesses and needs. Like Iclarius, the Alstom fee would be a bonus to add to other prospective takeovers.
    3 Jun 2014, 12:43 PM Reply Like
  • iclarius
    , contributor
    Comments (17) | Send Message
    Ruthron, hopefully Immelt is reading this so he lets the deal end and does not anty you more to buy them.
    4 Jun 2014, 03:18 PM Reply Like
  • Loitnan
    , contributor
    Comments (132) | Send Message
    unless there is insider information we do not know, this deal is beginning to smell like bad fish the longer this nonsense goes on.


    europe is a bad place to be. they are declining.
    3 Jun 2014, 01:13 PM Reply Like
  • whitecloud
    , contributor
    Comments (2) | Send Message
    GE needs to invest in the USA. We need better rail infrastructure here. Plus as an American co. we need more of their business here NOT Siemens. especially in the medical device business.
    3 Jun 2014, 01:13 PM Reply Like
  • bberuch
    , contributor
    Comments (314) | Send Message


    3 Jun 2014, 01:13 PM Reply Like
  • U2A Ventures
    , contributor
    Comments (344) | Send Message
    I am long $GE but god do I hope they dont complete this deal. Collect the fee for NOT doing it and keep on walking.
    3 Jun 2014, 01:19 PM Reply Like
  • Parkspec
    , contributor
    Comments (12) | Send Message
    GE made a good offer - then improved it. Let the thing go. There is a lot going on in the rest of the world. Take the breakup fee and move on. Maybe buy Trinity Industries and match your locomotives with their rail cars. Buy a railroad. There are other fish to fry. We saved France once before. Let the Germans have them this time.
    3 Jun 2014, 01:33 PM Reply Like
  • User 21146541
    , contributor
    Comment (1) | Send Message
    This WAS a good deal, not so much now. Invest in the USA and create the 1000 jobs here the return will be greater.
    3 Jun 2014, 02:22 PM Reply Like
  • Nettligent
    , contributor
    Comments (1346) | Send Message
    Siemens and Alstom will finally work out the ultimate deal. GE collects break-up fees. Everybody will be happy.
    3 Jun 2014, 03:17 PM Reply Like
  • moneuy
    , contributor
    Comments (2) | Send Message
    Take the break up fee and go
    3 Jun 2014, 04:56 PM Reply Like
  • The Retired one
    , contributor
    Comments (185) | Send Message
    Leave the French to the German's they been there before you can guess how this will work out G.E. come home.
    3 Jun 2014, 05:08 PM Reply Like
  • Hlog160
    , contributor
    Comments (14) | Send Message
    3 Jun 2014, 06:43 PM Reply Like
  • User 27667013
    , contributor
    Comment (1) | Send Message
    Yep it WAS a good deal.
    3 Jun 2014, 07:46 PM Reply Like
  • starcorral
    , contributor
    Comments (1717) | Send Message
    I'd hate to see GE manipulated by a foreign government as manipulative as France or Italy.
    3 Jun 2014, 08:16 PM Reply Like
  • Felix Lumpe
    , contributor
    Comments (768) | Send Message
    The longer this nonsense goes on, the worse it will be for GE stockholders if GE is "successful". It's obvious that this has become more of an ego play than a business deal which enhances shareholder value.
    4 Jun 2014, 07:59 AM Reply Like
  • joegillam
    , contributor
    Comments (1169) | Send Message
    Italy? What do the poor Italians have to do with this mess? We got some good deals going with Italian companies. Don't put them in the same boat as the French.
    4 Jun 2014, 08:52 AM Reply Like
  • reurk
    , contributor
    Comments (46) | Send Message
    Take the fee - come home and put people to work in the GOOD OLD USA.
    4 Jun 2014, 12:19 PM Reply Like
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