Siemens Appeals French Metro Contract Won by Alstom

(Corrects spelling of company name in headline.)

Siemens AG (SIE) has appealed a decision by the northern French town of Lille to award an automated metro contract to rival Alstom SA (ALO), Christophe de Maistre, head of Siemens France, said in an interview with Le Figaro.

The bid from the German engineering group was cheaper and more technologically advanced than that of its French rival, de Maistre said in the interview with the French newspaper.

To contact the reporter on this story: Gregory Viscusi in Paris at gviscusi@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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