Business

Siemens and Alstom submit proposal to address merger concerns

By 2018-12-12T09:33:34

Alstom and Siemens said the proposals they had submitted would ‘address the Commission’s concerns while preserving the industrial and economic value of the deal’.

SIEMENS-ALSTOM: A package of proposals intended to address the European Commission’s competition concerns regarding the proposed merger of Siemens Mobility and Alstom were submitted by the two companies on December 12.

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