EU to probe Siemens-Alstom merger: Reuters

–The European Commission is set to launch a 90-day investigation this week into the proposed merger between Alstom and Siemens’s Mobility unit, Reuters reports, citing sources.

–According to Reuters, the probe comes after both companies declined to give concessions that addressed regulatory concerns before the July 6 deadline, Reuters says.

Full story: https://reut.rs/2m4hv3F

Source: Read Full Article