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​Siemens and Alstom ‘regret’ EU decision to block merger

( February 6, 2019, 11:26 GMT | Official Statement) -- MLex Summary: Siemens and Alstom “regret” the European Commission’s decision to veto their rail merger, Siemens said in a statement today. Remedies offered by the companies were “extensive in scope and addressed all the concerns raised,” the company said. Siemens chief executive Joe Kaeser meanwhile said the prohibition shows Europe “urgently needs structural reform in the way it shapes its industrial future in a globally connected world.”Statement and quote by Joe Kaeser follows....

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