Deals
JBIC Ready to Fund Mitsubishi Heavy, Siemens Bid for Alstom
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The Japan Bank for International Cooperation is ready to support Mitsubishi Heavy Industries Ltd.’s joint bid with Siemens SA for France’s Alstom SA.
“The global restructuring of the heavy-electric machinery industry is taking place, and we have a mission to increase a number of globally flourishing Japanese companies,” Tadashi Maeda, the senior managing director of the bank, said in a June 17 interview. “We would certainly support them if we received a request” for funding assistance, Maeda said.