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Transcripts For BLOOMBERG In The Loop With Betty Liu 20140619

He is lobbying the french the ges 17r the billion offer. There was a joint offer by siemens and mitsubishi. For more on this battle between the industrial titans, Matthew Campbell is joining me from london. This is a big day for jeff anelka. A big day for jeff immelt. How much convincing does he have to do . This is absolutely a big day and he has to make his case in paris to the government and the unions. Ge does have the inside track relative to siemens. They have emigrated deal. An agreed deal. Alstom, the target of the transaction, is on board. What siemens was trying to do does not have alstoms agreement, and the noises from the alstom cap is that they see the siemens proposal, which is pretty complex, as being a bit too much try to do and not ideal from their perspective. Jeff immelt has a tough day ahead of him, already underway in paris, of course, but he has some serious advantages. It sounds that way would you say that the simplicity of his proposal, as you were discussing, w

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