German industrial group Siemens AG and French rival Alstom SA agreed on Tuesday to merge their rail operations, creating a European champion to better withstand the international advance of China's state-owned CRRC Corp Ltd.
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By REUTERS from NYT http://ift.tt/2xAGC3a
By REUTERS from NYT http://ift.tt/2xAGC3a
Alstom, Siemens Sign Rail Deal to Create European Champion
![Alstom, Siemens Sign Rail Deal to Create European Champion]()
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September 26, 2017
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