Can Siemens, Mitsubishi Surpass GE’s Alstom Offer?
June 16 (Bloomberg) -- Arnaud Scarpaci, fund manager at Montaigne Capital, examines General Electric’s offer for Alstom as Siemens and Mitsubishi mull a combined bid for the French company. He speaks with Guy Johnson on Bloomberg Television’s “The Pulse.”
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Mongolia Reaches Agreement With IMF
20:34 - Mongolia reached an initial agreement with the International Monetary Fund for a three-year program that includes a $440 million loan package as part of a $5.5 billion bailout to help the north Asian country with looming debt repayments. IMF Mission Chief to Mongolia Koshy Mathai explains the agreement on "Bloomberg Daybreak: Asia." (Source: Bloomberg)