08 February 2019

ALSTOM SA: Alstom Regrets European Commission's Prohibition Decision For The Merger Of Its Business With Siemens Mobility

The European Commission (EC) has announced its decision to prohibit the proposed merger of the Siemens and Alstom mobility businesses. As a result of this prohibition, the merger will not proceed. Alstom regrets that the remedies offered, including recent improvements, have been considered insufficient by the Commission. The remedies were extensive in scope and addressed all the concerns raised by the Commission in respect of Signalling or Very High Speed trains. In addition, a number of credib

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