Siemens and Mitsubishi bid for Alstom

A battle was shaping up on June 17, 2014, to take control of French industrial jewel Alstom after Siemens and Mitsubishi unveiled their counter-offer to a bid from US giant General Electric.
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Chairman of the board and CEO of German multinational group Siemens Joe Kaeser (R) speaks with CEO of Japanese company Mitsubishi Heavy Industries Shunichi Miyanaga (L) and prior to a hearing in front of members of the Commission of Economic Affairs at the French National Assembly in Paris on June 17, 2014. A battle was shaping up on June 17 to take control of French industrial jewel Alstom after Siemens and Mitsubishi unveiled their counter-offer to a bid from US giant General Electric. (AFP/Getty Images)
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Chairman of the board and CEO of German multinational group Siemens Joe Kaeser (C), CEO of Japanese company Mitsubishi Heavy Industries Shunichi Miyanaga (L) and President of the Commission of Economic Affairs of the French National Assembly Francois Brottes (R) pose prior to a hearing in front of members of the Commission of Economic Affairs at the French National Assembly in Paris on June 17, 2014. A battle was shaping up on June 17 to take control of French industrial jewel Alstom after Siemens and Mitsubishi unveiled their counter-offer to a bid from US giant General Electric. (AFP/Getty Images)
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People protest in front of the headquarters of French engineering group Alstom, in Levallois-Perret, outside Paris, on April 30, 2014 after the battle for Alstom's prized energy business heated up between General Electric and Siemens, as the board of the French 'national jewel' approved an offer by the US giant and the German company upped its rival bid.GE and Siemens have been publicly vying for Alstom's energy assets for several days in a politically sensitive battle over the engineering giant. Banner reads: 'Alstom, guarantee of job on French sites''. (AFP/Getty Images)
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People protest in front of the headquarters of French engineering group Alstom, in Levallois-Perret, outside Paris, on April 30, 2014 after the battle for Alstom's prized energy business heated up between General Electric and Siemens, as the board of the French 'national jewel' approved an offer by the US giant and the German company upped its rival bid.GE and Siemens have been publicly vying for Alstom's energy assets for several days in a politically sensitive battle over the engineering giant. (AFP/Getty Images)
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A man holds a flag reading ''solidarity industry' during a protest in front of the headquarters of French engineering group Alstom, in Levallois-Perret, outside Paris, on April 30, 2014 after the battle for Alstom's prized energy business heated up between General Electric and Siemens, as the board of the French 'national jewel' approved an offer by the US giant and the German company upped its rival bid. GE and Siemens have been publicly vying for Alstom's energy assets for several days in a politically sensitive battle over the engineering giant. (AFP/Getty Images)
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This picture taken on April 25, 2014 shows the logo of French engineering group Alstom at its headquarters in Levallois-Perret, outside Paris. France today vowed to protect engineering jewel Alstom from a rumored takeover bid by US giant General Electric, amid a policy switch to get flagging French businesses back on track. (AFP/Getty Images)