VanEck Vectors Uranium Plus Nuclear Energy ETF (NLR)

[3xBuBu]

German engineering company Siemens and its Japanese peer Mitsubishi Heavy plan to make a joint offer for large chunks of Alstom’s energy business on Monday, entering a bidding war with General Electric for one of France’s industrial jewels, according to people familiar with the companies’ plans.

As part of the offer, Mitsubishi aims to buy up to 10% of Alstom from Bouygues, which currently holds 29.3% of the company, two of the people said.

French public investment bank BPI France would buy another portion of the Bouygues stake, potentially alongside the French government, these people said.
http://online.wsj.com/articles/siemens-mitsubishi-heavy-prepare-joint-bid-for-alstom-energy-assets-1402848646?mod=djemalertDEALS