Siemens (OTCPK:SIEGY) and Mitsubishi (OTCPK:MHVYF) will now pay €8.2B ($11.2B) in cash, in place of their last bid of €7B. This will value Alstom (OTCPK:ALSMY) at €14.6B, which is well above GE's (GE) offer of €12.4B. Siemens has also expressed it is willing from the start to enter a mobility management joint venture with Alstom. Mitsubishi is also willing to purchase a 40% stake in the energy business, raising its cash payment €3.9B from €3.1B.
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