Siemens, Alstom rail merger triggers EU concerns and investigation


EU antitrust regulators opened an in-depth investigation on Friday into a plan by Siemens and Alstom to merge their rail businesses, saying that the deal could reduce competition for trains and signalling systems.

FILE PHOTO: The headquarters of Siemens AG is seen before the company's annual news conference

The headquarters of Siemens AG is seen before the company’s annual news conference in Munich, Germany, November 9, 2017. REUTERS/Michael Dalder/Files



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