Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/13/342 (18.04.13) |
Publication Date | 18/04/2013 |
Content Type | News |
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Invensys Rail, the railway signalling division of the Invensys Group of the UK, by Siemens of Germany. The Commission's investigation confirmed that Invensys Rail and Siemens are not close competitors and that the merged entity would continue to face competition from a number of other strong competitors, such as Thales, Alstom, Bombardier and Ansaldo. |
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Source Link | http://europa.eu/rapid/press-release_IP-13-342_en.htm |
Subject Categories | Internal Markets, Mobility and Transport |
Countries / Regions | Europe, United Kingdom |
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