Alstom: merger with Siemens Mobility on track
(CercleFinance.com) - The planned merger between Siemens Mobility and Alstom is on track.
Both groups have announced that they have jointly filed the application for the merger's authorisation as part of the merger control procedure with the European Commission.
Due to extensive pre-notification preparatory work and the effort required to collect data in several countries, a delay of a few months, resulting in an expected closing date in the first half of the calendar year 2019, cannot be ruled out, the group said.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
Both groups have announced that they have jointly filed the application for the merger's authorisation as part of the merger control procedure with the European Commission.
Due to extensive pre-notification preparatory work and the effort required to collect data in several countries, a delay of a few months, resulting in an expected closing date in the first half of the calendar year 2019, cannot be ruled out, the group said.
Copyright (c) 2018 CercleFinance.com. All rights reserved.