Alstom denies talks with Rolls-Royce
PARIS (Reuters) - French engineering group Alstom on Monday denied a newspaper report it was mulling a tie-up with aero engine and turbines group Rolls-Royce (RR.L).
"There are no discussions, no talks, nothing," a spokesman said.
"The story is groundless," he added.
The Les Echos business daily said building closer ties with Rolls-Royce was one of the options being considered by Alstom in case it fails to tie up with French nuclear energy group Areva (CEPFi.PA).
(Reporting by Marcel Michelson; Editing by Louise Ireland)
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Credit headwind
News headlines speak of recovery, but financing is still a big problem in Germany. The dearth of credit to tide firms over is frustrating policymakers, who are blaming reluctant banks and there is little agreement on how best to increase lending flows. Full Article

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