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Showing posts with the label Alstom Siemens Merger

Siemens and Alstom signs MoU to combine Siemens’ rail & mobility business

Siemens and Alstom have signed a memorandum of understanding (MoU) to combine Siemens’ mobility business including its rail traction drives business, with Alstom. The transaction brings together two innovative players of the railway market with unique customer value and operational... Click here to see more https://goo.gl/ujUXsz

Industry update: Alstom confirms talks for Siemens Mobility merger

Alstom formally confirmed on September 22 that it had been holding discussions regarding a possible ‘combination’ with Siemens’ Mobility Division. Alstom said that no final decision had been made, discussions are on-going and no agreement had been reached. The company would ‘inform the public of... Click here to see more https://goo.gl/f4z9J1