Siemens-Led Group Makes Alstom Energy Bid to Challenge GE

... to Alstom's installed base of equipment and the lucrative service business that accompanies it. A deal would help Fairfield, Connecticut-based GE overtake Siemens's steam and gas turbine market share, according to a Societe Generale estimate. ...



via Fairfield Newswire http://washpost.bloomberg.com/Story?docId=1376-N79P6I6S972Z01-2HILQSTNVT8OLCN1IKB5BAHEM2