Siemens Aktiengesellschaft · XETR:SIE
Siemens Aktiengesellschaft — Siemens — Merger or Acquisition (June 2014)
11 slides from Siemens Aktiengesellschaft's merger presentation, Jun 17, 2014
Slide 1: Strengthen Alstom as a sustainable Global Leader in Energy and Mobility
Strengthen Alstom as a sustainable Global Leader in Energy and Mobility Win-win situation for all parties June 17th, 2014
Slide 2: Safe Harbour Statement
Safe Harbour Statement This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anti
Slide 3: A superior proposal for Alstom's sustainable future
A superior proposal for Alstom‘s sustainable future n Far reaching industrial alliance between Alstom and MHI across Alstom’s energy activities through multiple cooperation agreements to 1 generate synergies 2 n Strategic minority investments by MHI into Alstom’s businesses: n 40% in the Steam and N
Slide 4: Strengthening Alstom as a Global Leader in Energy and Mobility instead of dismantling it
Strengthening Alstom as a Global Leader in Energy and Mobility instead of dismantling it to Transport only 60% 100% 80% 80% 100% Steam and Wind and New Hydro Energies Grid Transport Gas Nuclear (Renewables) (Renewables) Strategic €2.3bn Strategic €0.3bn €0.5bn €3.9bn Disposal alliance in cash allian
Slide 5: Stronger financials for Power segment for sustainable growth
Besides better strategic positioning – significantly stronger Financials for Power segment for sustainable growth Equity Value Value creation from (in € billion) Power + Industrial Alliance synergies +15% 2.1 14.2 Cash to Alstom: 12.35 1.6 €7.0bn Difference 3.5 ~ €1.9bn 0.5 7.0 2.3 0.3 3.9 Remaining
Slide 6: Adding capabilities and forces in Steam
Adding capabilities and forces in Steam n Wide spread client network and production n Wide spread client network and production facilities across Europe facilities across Asia and Americas n Superior steam turbine service coverage and n State of the art technology and R&D maintenance technology capa
Slide 7: Industrial alliance in Steam (1/2)
Industrial alliance in Steam (1/2) Envisaged cooperation agreements + + n Jointly develop new products leveraging our respective technologies R&D (for example in low rank coal combustion, high efficiency steam turbines, AQCS and generators) n Share world wide procurement network capabilities Procure
Slide 8: Industrial alliance in Steam (2/2)
Industrial alliance in Steam (2/2) Envisaged cooperation agreements + + n Promote cross-selling of Alstom’s technology such as CFB in Japan n Use Alstom’s steam turbines or generators for MHPS’ GTCC application in Europe Products n Leverage complementary relationship for AQCS services (e.g. combinat
Slide 9: Significant social assurances to Alstom employees and creating up to 2,000 jobs (1/2)
Significant social assurances to Alstom employees and creating up to 2,000 jobs (1/2) n 10 key initiatives n New joint R&D center n Joint activities (sales / marketing / prod / engineering / supply / R&D) n New Remote Monitoring Center for European customers n Manufacturing collaboration benefiting
Slide 10: Significant social assurances to Alstom employees and creating up to 2,000 jobs (2/2)
Significant social assurances to Alstom employees and creating up to 2,000 jobs (2/2) n No forced layoffs in France and Germany for a period of 3 years post closing n No disposal of meaningful parts of the Gas Business in the foreseeable future n Secured benefit schemes for Alstom employees n Siemen
Slide 11: A superior proposal for all stakeholders
A superior proposal for all stakeholders n 1 Strengthen leadership in Energy and Mobility through MHI and Siemens contribution n 2 Enhancing Alstom’s financial structure and possible cash return to Alstom shareholders with superior valuation of Power Assets (+ ~ €1.9bn higher value vs. Competitor Of