NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

France not worried about anti-trust review of possible Siemens-Alstom deal - source

Published 2017-09-25, 12:40 p/m
© Reuters.  France not worried about anti-trust review of possible Siemens-Alstom deal - source
SIEGn
-
ALSO
-
BBDb
-

PARIS, Sept 25 (Reuters) - France is not worried about an anti-trust review of an expected rail merger between German industrial group Siemens SIEGn.DE and France's Alstom ALSO.PA, a source familiar with the matter said on Monday.

Siemens is likely to decide on Tuesday to pursue a multibillion-dollar deal with Alstom rather than Canada's Bombardier BBDb.TO, two sources familiar with the matter told Reuters earlier. of the sticking points of the potential deal could be anti-trust approval by the European Commission, analysts have said.

"The French authorities are not worried. There may be some technical adjustments to be made ... The analysis shows that it would not block it," the source said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.