Alstom

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alstom and siemens ag and turbine - All News and Analysis

• Siemens eyeing Alstom's gas turbines business

  - 2004-03-15

  FRANKFURT AFP ? Siemens is trying to convince the European Commission in Brussels to force troubled French rival Alstom to sell its large-scale gas turbines business to the German group, the weekly newsmagazine Der Spiegel reported. Siemens already acquired Alstom's small and medium-sized gas turbines activities last year for...

  Tags: Alstom, Engineering, European Commission, Siemens AG, turbine

• Alstom sells turbine business to Siemens

  - 2003-06-01

  Paris-based Alstom has agreed to sell its troubled industrial turbine businesses to Munich-based Siemens AG for $1.2 billion. The first half of the transaction--for small (3- to 15-MW) gas turbines GTs coming primarily out of the UK--was completed in late April. The second half will involve larger (15- to 50-MW)...

  Tags: Alstom, Siemens AG, turbine

• ALSTOM SELLS LITTLE GAS TURBINES TO SIEMENS.

  - 2003-05-06

  French group Alstom (energy, transport) has finalised the sale of its low power gas turbines business to German company Siemens, for Euro 525 million net. An official derogation was granted by the European Commission allowing the immediate transfer o French group Alstom (energy, transport) has finalised...

  Tags: Alstom, Siemens AG, turbine