Siemens would keep stake in Alstom trains combination, exec says

• Siemens (OTCPK:SIEGY +0.5%) would keep a minority stake in any enlarged Alstom (OTCPK:ALSMY) train-making business if its plan to buy the French company's power business succeeds, a Siemens exec tells a French newspaper.
• Reiterating that Siemens is serious about making a counter-proposal to an offer from GE before its self-imposed deadline of June 16, the head of the German company's France unit says SIEGY also is "willing to discuss our activities in rail signaling, which carry twice the weight of Alstom's."