The new offer increases the total valuation of Alstom's energy business by €400m to €14.6bn, the German and Japanese companies said in a joint release.
The bid continues to leave out Alstom's renewables activities such as wind turbine manufacturing.
The revised German-Japanese offer comes less than 24 hours after GE unveiled its own revised proposal for Alstom, including a joint venture in offshore wind and hydro.
Alstom
