Alstom and Siemens announce 'merger of equals' to create a 'European champion in mobility'

Siemens AG President & CEO Joe Kaeser (left) and Alstom SA Chairman & CEO Henri Poupart-Lafarge.

INDUSTRY: Alstom and Siemens announced on the evening of September 26 that they had signed a memorandum of understanding for a merger of Siemens’ Mobility business with Alstom.

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