MUNICH/PARIS (Reuters) - German industrial group Siemens AG and French rival Alstom SA agreed to merge their rail operations, creating a European champion to better withstand the international advance of China's state-owned CRRC Corp Ltd.
Reuters: Top News, Reuters
Tue, 09/26/2017 - 11:04pm
MUNICH/PARIS (Reuters) - German industrial group Siemens AG and French rival Alstom SA agreed to merge their rail operations, creating a European champion to better withstand the international advance of China's state-owned CRRC Corp Ltd.