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Exclusively directed to The Daily Telegraph, Invensys Chief Executive Ulf Henriksson, said China South Rail (CSR) was the "opportunity to acquire Invensys" If the price was good.

In a very unusual movement, Mr Henriksson said that his preference would be CSR taking a minority stake.

Invensys, of which the products are helping to control the functioning of the railway, nuclear power plants and washing machines is now supposed to be Center of interest for the submission of Alstom, GE and Honeywell.Bien that none of the three has a formal business, chaired by Sir Nigel Rudd approach, sources indicate that they have expressed interest in a potential formal process.

"Sale of a participation in the Chinese help climbing stock price above ￡ 4,"said a close source of business.""

"Such sales game would force invisible potential buyers to consider a price tender closer to ￡ 6.

Shares closed Invensys 2 5pc higher 318% Friday.

Mr Henriksson said that taking a minority stake in Invensys CSR would tie the two companies together that they are seeking to bid for new contracts as a consortium.

"Let me see the Chinese outside China and taking possession of the business money", he said.

"I believe that CSR has the possibility to acquire Invensys, in principle, in its logic, both that shareholders accept the prix.Il isn't my although preference.

"The only question for me is how to create a model of how we can work ensemble.Si you look, historically, discussions with Chinese companies has always been on how I can have as many beans that possible .c ' is what prevented relationships go loin.La next step in the relationship is to establish a minor property .c ' is the whole point of property."

Week last Invensys has lifted its 1% to 1.5% interim dividend while the first-half revenues fell 9pc to. ￡ 1 to 1 ￡ 07bn. 16bn.

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