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Deals Rumor Mill: Siemens, Alibaba, American Securities

By Chelsea Naso (June 13, 2014, 1:29 PM EDT) -- Germany's Siemens AG and Japan's Mitsubishi Heavy Industries are said to be putting the final touches on a joint bid for Alstom SA's energy business that includes a cash element of about 9 billion euros, sources told Reuters on Friday. Under the terms of the offer, Siemens would snap up the gas turbines business of Alstom while Mitsubishi would inject cash and industrial assets into a joint venture in steam turbines, the report said....

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