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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

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

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

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

Why the EU Commission was right to derail the Alstom-Siemens rail merger

When the.....»»

Category: topSource: marketwatchFeb 8th, 2019

Changes To Rules Sought After EC Rejects Siemens/Alstom Rail Merger

Germany will seek a reform of European Union (EU) competition regulations following the decision by the European Competition Directorate to reject Siemens' and Alstom's application to merge their rail businesses. read more.....»»

Category: blogSource: benzingaFeb 6th, 2019

Siemens deal collapse fuels Alstom-Bombardier tie-up talk, shares rally

The European Commission's decision to block a tie-up between Alstom and Germany's Siemens is fueling speculation over possible merger talks between the French rail business and Canada's Bombardier, lifting both companies' shares on Wednesday......»»

Category: topSource: reutersFeb 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......»»

Category: videoSource: reutersFeb 6th, 2019

Will the Next Alstom-Siemens Be So Easy to Reject?

France and Germany want to use their failed rail merger as an excuse to overhaul competition rules. After Brexit, they have a chance of succeeding......»»

Category: topSource: washpostFeb 6th, 2019

Siemens regrets European decision to block rail merger with Alstom

Siemens said it regretted the European Commission's decision to block the merger of its rail business with France's Alstom and would now assess "all options" for the future of its own train operations......»»

Category: topSource: reutersFeb 6th, 2019

Merger partners need to look closer to home to win over EU regulators

As Siemens and Alstom face EU rejection of their plan to create a European rail champion to fight foreign rivals, the lesson for other companies is to play up the domestic benefits of their merger deals and be prepared to sell assets......»»

Category: topSource: reutersFeb 4th, 2019

Siemens steels itself for EU rejection of rail merger with Alstom

Siemens steels itself for EU rejection of rail merger with Alstom.....»»

Category: videoSource: reutersJan 30th, 2019

Siemens steels itself for EU rejection of rail merger with Alstom

Siemens will accept defeat if the European Union rejects its pleas to allow it to combine with Alstom to create a powerful Franco-German rail business......»»

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

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 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 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, 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

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

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