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Siemens not expecting Altair takeover to have merger approval problems

By Natalie McNelis ( October 31, 2024, 16:16 GMT | Insight) -- Siemens' $10.6 billion acquisition of US engineering software firm Altair Engineering shouldn't raise many issues for merger authorities vetting the deal, according to remarks made by its chief executive, Roland Busch, this afternoon. There is little overlap between the parties, he said, adding that he expected the approval process to take "maximum eight months."Siemens' $10.6 billion acquisition of US engineering software firm Altair Engineering shouldn't raise many issues for merger authorities vetting the deal, according to remarks made by its chief executive, Roland Busch, this afternoon....

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