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Siemens wants to present solution for turbine unit by May 8 - sources

Reuters

MUNICH (Reuters) - Siemens wants to present a solution for its turbine unit by the time of its capital markets day on May 8, two sources said on Thursday after a report said the industrial group was exploring merging that unit with an Asian partner.

The sources said discussions between Siemens and possible joint venture partner Mitsubishi Heavy Industries had intensified recently but added that Siemens was also looking at other options for the unit.

(Reporting by Alexander Huebner; Writing by Michelle Martin; Editing by Thomas Seythalk)