Date: 15/01/2019

Germanys competition watchdog has raised serious doubts over the proposed Siemens-Alstom merger and said its objections still stand despite the concessions offered by the French and German rail companies. A letter seen by the Financial Times revealed an intervention by the independent Bundeskartellamt, which adds to the chorus of national competition regulators opposing the merger between the two European giants.

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German watchdog raises serious doubts over Siemens-Alstom merger in latest blow

RTM