Rail News

Siemens-Alstom Merger Update Following Remedy Proposal to the European Commission

Alstom has issued a short update statement regarding its desired merger with Siemens. In particular, the statement addressed the remedy proposal it made to the European Commission on 12 December 2018:

Alstom-Siemens Merger Update
Alstom-Siemens Merger Update

In their merger update, Alstom said:

“Since the first remedy proposal made on December 12, 2018 to the European Commission, Siemens and Alstom have continued the dialogue with the Commission and have decided to further modify the remedies so as to answer the concerns raised by the feedback from the market testing. This package preserves the industrial and economic value of the deal – the order of magnitude of concerned sales communicated previously (i.e., around four percent of the sales of the combined entity) remaining unchanged.

There is, however, still no certainty that the content of this package will be sufficient to alleviate the concerns of the Commission. A decision by the Commission is expected by February 18, 2019.”

Alstom shareholders approved the Siemens-Alstom merger in July 2018.

News categories

    15 Feb 2019
    Risk of Death 56 Times Lower for Rail Passengers Than Car Passengers
    14 Feb 2019
    MP14 Rolling Stock for Line 14 of the Paris Metro Begins Dynamic Testing
    11 Feb 2019
    12 Must-Read Rail News Stories – Industry Insider for Week 6
    07 Feb 2019
    European Commission Says No to Alstom-Siemens Mobility Merger
    06 Feb 2019
    Finland to Establish Limited Company to Participate in Rail Baltica Project
    04 Feb 2019
    11 Must-Read Rail News Stories – Industry Insider for Week 5
    31 Jan 2019
    Alstom and Ajman University (UAE) Sign Memorandum of Understanding
    28 Jan 2019
    7 Must-Read Rail News Stories – Industry Insider for Week 4
    Subscribe to Railway-News
    Get the latest contract alerts and Railway News emailed directly to your inbox.

    We respect your privacy and take protecting it seriously.

    Please tick to confirm you would like to receive emails we think may be of interest to you. We sometimes tailor the content you see to what we think you'll find interesting, and so monitor your interaction with our website and email content (find out more).