China South Locomotive Considering Bid for Invensys, Times Says

China South Locomotive & Rolling Stock Corp. is in the early stages of planning a possible 2 billion-pound ($3.14 billion) takeover bid for Invensys Plc (ISYS), the Sunday Times reported, without saying where it got the information.

China South Locomotive, majority-owned by the Chinese government, is also considering making a bid for Italian train maker Ansaldo STS SpA (STS), the newspaper said.

To contact the reporter on this story: Lindsay Fortado in London at lfortado@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net.