Siemens, Alstom Won't Offer More Concessions for Merger -FT
17 Gennaio 2019 - 12:16PM
Dow Jones News
--Siemens and Alstom won't offer any more concessions to
European regulators who are currently studying the companies'
proposed merger of their rail businesses, the FT reports, citing
unnamed sources.
--The companies consider that further concessions could render
the deal commercially nonviable, the FT says.
--Siemens and Alstom in December proposed selling some signaling
activities and rolling-stock products that would represent around
4% of the sales of the combined entity.
Full story: https://on.ft.com/2QRnPbO
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(END) Dow Jones Newswires
January 17, 2019 06:01 ET (11:01 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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