EU Must Approve Siemens/Alstom Deal, Says French Finance Minister

www.oann.com | 6/16/2014 | Staff
malik778 (Posted by) Level 3
PARIS (Reuters) – The European Union must approve the tie-up between Germany’s Siemens and French group Alstom , said French Finance Minister Bruno Le Maire, who added he would meet a main European regulator to express his support for the deal.

Le Maire told France’s Journal du Dimanche newspaper that he would meet European Competition Commissioner Margrethe Vestager on Jan. 21 to reiterate France’s backing for the deal.

Merger - Alstom - Siemens - Mistake - Le

“Rejecting the merger between Alstom and Siemens would be both an economic and a political mistake,” Le Maire said in the interview that was published on Sunday.

People familiar with the matter told...
(Excerpt) Read more at: www.oann.com
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