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Comment: Siemens and Alstom pin final merger hopes on political revolt in EU Commission

By Nicholas Hirst ( January 30, 2019, 12:04 GMT | Comment) -- Siemens and Alstom appear to have lost hope of persuading EU merger officials to approve their railway merger, and are now relying on a political revolt within the European Commission to overturn a looming veto. Sharp words from Siemens Chief Executive Joe Kaeser suggest he may be aiming a last-ditch appeal above the heads of Margrethe Vestager and her team.Siemens and Alstom appear to have lost hope of persuading EU merger officials to approve their railway merger, and are now relying on a political revolt within the European Commission to overturn a looming veto....

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