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Alstom, Siemens to merge rail businesses to counter China's CRRC
German industrial group Siemens AG (SIEGn.DE) and French rival Alstom SA (ALSO.PA) agreed to merge their rail operations, creating a European champion to better withstand the international advance of Chinas state-owned CRRC Corp Ltd

Source: Reuters

http://uk.reuters.com/article/uk-alstom-siemens-stocks/alstom-siemens-to-merge-rail-businesses-to-counter-chinas-crrc-idUKKCN1C118S?il=0


27 2017 | View: 44 | Foreign experience | Printint version
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