Siemens and Alstom Form European Train Giant to Beat Chinese Competition

Photo of Siemens and Alstom Form European Train Giant to Beat Chinese Competition
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Germany’s Siemens will combine its train unit with Alstom of France, showing how the threat from China is pushing the Continent together even as populist politics try to pull it apart.

view The New York Times: Business
#railroads
#high-speed rail projects
#siemens ag
#mergers acquisitions and divestitures
#alstom
#china railway rolling stock corp