BERLIN (Reuters) - The European Commission is reviewing last-minute changes from Alstom and Siemens aimed at getting a green light for the planned merger of their rail activities, EU Competition Commissioner Margrethe Vestager told Reuters.
Vestager confirmed the firms had made new concessions on the terms of the deal on Friday, but said the changes were submitted on Day 110 of the process, which was "way, way over the usual deadline."
Asked if the door was still open for a possible agreement, Vestager said, "We're looking at what was handed over to us this Friday. This is the last push, if at all possible."
Speaking during a visit to Berlin to the congress of Germany's pro-business Free Democrats party, Vestager declined to address any specific changes proposed by the two companies, noting the case was still under review.
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EU reviewing concessions from Siemens and Alstom on rail deal
https://www.reuters.com/article/us-alstom-m-a-siemens-eu/eu-reviewing-concessions-from-siemens-and-alstom-on-rail-deal-idUSKCN1PL0EPSee More From: reuters.com ( Business & Career > Companies )
Jan 27, 2019 11:04 AM 2+ mon ago
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