Press Release: Mergers: Commission approves acquisition of Invensys’ railway signalling division by Siemens

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Series Details IP/13/342 (18.04.13)
Publication Date 18/04/2013
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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.

Source Link http://europa.eu/rapid/press-release_IP-13-342_en.htm
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