RE:RE:Big gamble; Alstom deal will not get EU approvalFrom dw.com "The investigations findings The Commissions concerns were limited to two main areas: signaling systems and very high-speed trains. For other products in the rail industry, such as metros and most types of trains,it said there was enough". https://www.google.com/amp/s/amp.dw.com/en/eu-blocks-siemens-alstom-merger-citing-serious-competition-issues/a-47382406
stockitnow wrote: EU was going to approve the deal if Siemens sold their signaling division. Siemens refused and EU killed the deal. Both Alstom and Siemens are strong in signaling. Bombardier is strong in rail and Alstom in signaling there merger will keep Siemens in check and keep Chinese away.
joeman wrote: why would it? Same reason to cancel Siemens deal. BBD +Seimens was rejected, in one month from now the Alstom and BBD deal will also be nixed. This will set in motion the political aparatus putting pressure on the executive , the legislative and probably the judicial branches. What will shake out of it? We shall see.