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Siemens-Alstom rail merger hangs on EU approach to China threat, FT reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 11th, 2019

Europe’s Railway Giants Take a Fast Train to Nowhere

It’s hard to see why Siemens and Alstom need to merge their rail businesses. They’re doing well and China isn’t that much of a threat......»»

Category: topSource: washpostNov 14th, 2018

EU regulators block Siemens-Alstom rail merger

Siemens AG and Alstom SA’s plan to merge into a world-conquering European rail champion was blocked by European Union antitrust regulators who refused to cave in to warnings about the looming threat of Chinese competition......»»

Category: topSource: moneycentralFeb 6th, 2019

EU regulators block Siemens-Alstom rail merger

Siemens AG and Alstom SA’s plan to merge into a world-conquering European rail champion was blocked by European Union antitrust regulators who refused to cave in to warnings about the looming threat of Chinese competition......»»

Category: topSource: moneycentralFeb 6th, 2019

EU policy under fire after rail merger blocked

Siemens and Alstom's plan to create a European rail champion collapsed on Wednesday after EU antitrust regulators rejected the deal, saying that it would have hurt competition and led to higher prices for consumers. Lauren Anthony reports......»»

Category: videoSource: reutersFeb 6th, 2019

German antitrust body opposes Siemens-Alstom merger: report

Germany's antitrust authority has expressed concerns to the European Union's competition watchdog about the planned merger of the rail operations of Siemens and France's Alstom , a newspaper reported on Sunday......»»

Category: topSource: reutersJan 13th, 2019

Siemens rules out further concessions to get Alstom deal approval: sources

Siemens will not make further concessions to save a rail merger deal with France's Alstom even after European competition authorities demanded further concessions, sources familiar with the matter said......»»

Category: topSource: reutersJan 17th, 2019

Siemens will not make further concessions for Alstom merger, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 17th, 2019

Explainer: Why Siemens-Alstom rail merger is creating European tensions

Germany's Siemens .....»»

Category: topSource: reutersJan 17th, 2019

EU regulators to block Siemens" deal with Alstom for rail merger, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 18th, 2019

Siemens, Alstom rail merger plan to be blocked by regulators, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 18th, 2019

EU veto of Alstom-Siemens rail tie-up would be "economic error" - France

The European Commission would make an "economic error and political mistake" if it were to block the merger of Alstom's and Siemens' rail businesses, said French Finance Minister Bruno Le Maire, shortly before meeting the EU's competition chief......»»

Category: topSource: reutersJan 21st, 2019

France, Germany step up pressure over Alstom-Siemens deal

France and Germany raised pressure on the European Union's competition chief to approve the merger of Alstom and Siemens' rail businesses, warning that thwarting the proposed European champion would be a strategic error......»»

Category: topSource: reutersJan 21st, 2019

Siemens: Key to have dialogue based on trust with EU about Alstom deal

Siemens Chief Executive Joe Kaeser said on Monday it was important to have a dialogue based on trust with European Competition Commissioner Margrethe Vestager about a planned merger of Siemens' and Alstom's rail businesses......»»

Category: topSource: reutersJan 21st, 2019

Germany: Siemens/Alstom deal could increase competitiveness

German Economy Minister Peter Altmaier said on Monday that the aim of a planned merger of Alstom and Siemens' rail businesses was to increase competitiveness, adding that this goal was achievable......»»

Category: topSource: reutersJan 21st, 2019

EU competition chief signals caution over Siemens-Alstom rail merger

Europe's competition commissioner has signaled her scepticism about the merger of Siemens's and Alstom's rail businesses by describing both companies as world champions that can compete globally......»»

Category: topSource: reutersJan 23rd, 2019

Siemens, Alstom sweeten EU antitrust concessions, maybe too late

Siemens and Alstom on Friday beefed up concessions aimed at allaying EU antitrust concerns about their rail merger deal, a person familiar with the matter said, in a belated and possibly futile move to stave off an EU veto against the deal......»»

Category: topSource: reutersJan 25th, 2019

Siemens CEO calls on Europe to approve Alstom rail merger

Siemens Chief Executive Joe Kaeser called on European antitrust authorities not to be "backward looking technocrats" and approve the German company's planned rail mega-merger with France's Alstom......»»

Category: topSource: reutersJan 30th, 2019

Siemens makes last ditch appeal for EU to approve rail merger

Siemens has made a last gasp appeal to European antitrust authorities not to be "backward-looking technocrats" and approve its planned rail merger with France's Alstom......»»

Category: topSource: reutersJan 30th, 2019

Siemens "unlikely" to make second attempt to get EU approval for Alstom merger

Siemens is "unlikely" to make a renewed attempt to win European Union approval for its planned merger of rail businesses with Alstom's should the current attempt fail, Siemens managing board member Roland Busch said on Wednesday......»»

Category: topSource: reutersJan 30th, 2019

Siemens CEO urges Europe to approve Alstom rail tie-up, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 30th, 2019